MTC metalstech limited

I would only start calling it high risk if you're paying many...

  1. 264 Posts.
    lightbulb Created with Sketch. 64
    I would only start calling it high risk if you're paying many bags above current prices.

    My example of Sirmac's sale price shows just how much Lithium-rich land is worth, even those that have barely been touched. Those plus the $4.12M cash in the bank (before last quarter's expenses) alone pays for the market cap at these prices.

    Even bare shells with no assets have administration premiums, and the work already done by MTC from acquisition to exploration and drilling is worth so many millions.

    While people can make their own opinions about land values, any selling under cash+land price is indisputably akin to setting your own money on fire so I doubt anyone who knows what they are doing will step up to that plate, particularly with so much fresh news due.

    The sell orders are still currently a few negligible tens of thousands, the BCC announcement had over a million dollars of shares traded in a single day. I'm not sure why people buy thinly traded stocks without the patience to hold them until the volume picks up to get good value. Selling shares at whatever the low volume vultures are offering between news is like taking a Picasso painting to a pawn shop.
    Last edited by Jarama: 05/07/18
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
13.5¢
Change
0.005(3.85%)
Mkt cap ! $28.17M
Open High Low Value Volume
13.5¢ 13.5¢ 13.5¢ $3.713K 27.5K

Buyers (Bids)

No. Vol. Price($)
2 67188 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 1000 1
View Market Depth
Last trade - 14.10pm 27/06/2025 (20 minute delay) ?
MTC (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.