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0.2¢ mrg metals limited

MRQ - chart thread !, page-614

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spottyscottie

290 Posts.

45

02/07/20

22:03

Post #: 45611230
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Originally posted by NL57: ↑

it would be a great move and a driver to get the SP through 2 on the way to 4 where fair value should be at the mo.
I am certain there are many traders and investors awaiting a spike to get on board and make some great $ returns.
IF said news does come and Heads SP moves through resistance levels, which will be easily achieved, the opps are incredibly cheap and will show a tremendous return ( yes am holder of opps! )
The so called “wall” of opps on offer, 48mil, will either disappear or get hoovered up toot sweet and then is no supply.
My view is short term heads will move from 1 to 1.8 then higher.
With opps currently at a .7 discount priced at .2, these will rocket to 1.1 then higher as the Heads rise.

Supposing we see heads around fair value at 4, then the opps should be finally around 3.

And there is still 2 quarters to expiry.

It is in the Mgmt best purpose to ensure the opps are exercised as a form of CR.

So..... I see wall of opps evaporating and Heads moving strongly northwards, being re-rated.

All we need is really positive news flow on a continuous basis over the coming days.

Then I can finally retire with mega $s in the bank, just by selling off a few !

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if your on the money there be beers all round

MRQ Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
7 Upvote

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(20min delay)
Last 0.2¢		Change 0.000(0.00%)		Mkt cap ! $3.788M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
57	123722540	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	73174758	38

View Market Depth

No.	Vol.	Price($)
57	123722540	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	73174758	38
0.003	35856922	26
0.004	17781722	17
0.005	7069417	7
0.006	3156683	4

Last trade - 11.56am 15/05/2024 (20 minute delay)

MRQ (ASX) Chart

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