Yes, I agree with you. I personally think a major rerate is coming...Laverton is not 'bad' in its own right (but was never the main event) and Pomme (to me at least) is looking like it might 'shoot the lights out'. We have three great holes so far (in my opinion)...two from last years drilling, with assays confirming the results, plus excellent visuals on the first 2023 hole. We have 9 holes to go (and that may be quickly increased, once additional knowledge is gained). I am personally a bit bamboozled by the market reaction thus far. Hovever, it is important to realise that stock rerates (especially in the micro/small cap space) can occur extremely quickly... Imagine just for example, 20 people suddenly wanting to buy AUD $1M each of MTM? That would have almost no impact on a large company such as BHP, but would have enormous impact on a small cap like MTM.
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Yes, I agree with you. I personally think a major rerate is...
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Last
5.3¢ |
Change
-0.004(7.02%) |
Mkt cap ! $16.02M |
Open | High | Low | Value | Volume |
5.8¢ | 5.8¢ | 5.3¢ | $43.23K | 779.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 5.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 273797 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 91801 | 0.052 |
3 | 96813 | 0.050 |
1 | 10500 | 0.048 |
1 | 10000 | 0.047 |
1 | 50000 | 0.046 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 273797 | 3 |
0.059 | 54145 | 1 |
0.060 | 150000 | 1 |
0.061 | 35000 | 1 |
0.062 | 116352 | 1 |
Last trade - 10.38am 03/09/2024 (20 minute delay) ? |
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MTM (ASX) Chart |