There is only 500k left, under 300k this quarter so a major CR could be announced sooner rather than later.
There is also some very huge sellers out there judging by the sell side...
There are some companies on the ASX trading way under cash backing..MTH is trading way over cash backing with projects generally at an infancy needing huge cash investments to get off the ground if economical...
So it's quite easy to see the current situation.
MTH - Whats the story?, page-2
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Last
15.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.10M | |||
| Open | High | Low | Value | Volume |
| 15.5¢ | 16.0¢ | 14.5¢ | $130.9K | 844.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 89989 | 14.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 16.0¢ | 75000 | 1 |
View Market Depth
| Last trade - 15.56pm 21/06/2024 (20 minute delay) ? |
| MTH (ASX) Chart |