Ok, MTL has taken a 14.5% drop today which in my opinion make it a good opportunity. Right now the lowest offer is 0.041 while the next lowest is 0.048 so after all the shares priced at 0.041 are sold the price will dramatically jump. Also, the price of 0.041 is quite low in comparison to previous prices making it in my opinion slightly undervalued. I anticipate the price to reach up to 0.050 which is a very decent profit. Lastly, recent news has reinstated my ideal. Tp conclude I am not a professional and this is not financial advice merely a theory as to how the share price will move in the coming weeks.
MTL buy?
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Last
0.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.39M | |||
| Open | High | Low | Value | Volume |
| 0.2¢ | 0.2¢ | 0.2¢ | $8.614K | 4.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 6481032 | 0.2¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.3¢ | 60764848 | 62 |
View Market Depth
| Last trade - 15.31pm 28/06/2024 (20 minute delay) ? |
| MTL (ASX) Chart |