MMS was trading at $18.6 before this news with moving averages at $16ish
According to these articles only around 30% of the revenue stream (may) be affected which equates to a fair value of
$18.6 to $13 = 30% drop
instead a massive
$18.6 to $8.8 = 52.5% drop occurred today from highs
Not only is it already oversold from (margin calls, stop losses and lack of understanding ) but these changes won't even be implemented if the coalition wins the election so from current price it's a win/win situation IMO
$11-$12 should be very achievable in next couple days
http://www.businessspectator.com.au/article/2013/7/25/automotive/bet-election-trade-mcmillan?utm_source=exact&utm_medium=email&utm_content=361604&utm_campaign=kgb&modapt=
http://www.businessspectator.com.au/article/2013/7/25/industries/all-mcmillan-shakespeare
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MMS
mcmillan shakespeare limited
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2.48%
!
$17.31

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Last
$17.31 |
Change
-0.440(2.48%) |
Mkt cap ! $1.205B |
Open | High | Low | Value | Volume |
$17.76 | $17.85 | $17.31 | $4.092M | 233.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 257 | $17.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.31 | 225 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 257 | 17.300 |
1 | 892 | 17.280 |
1 | 174 | 17.150 |
3 | 973 | 17.080 |
1 | 585 | 17.060 |
Price($) | Vol. | No. |
---|---|---|
17.310 | 225 | 1 |
17.410 | 1116 | 1 |
17.440 | 976 | 1 |
17.500 | 7077 | 2 |
17.570 | 4830 | 1 |
Last trade - 16.18pm 15/09/2025 (20 minute delay) ? |
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MMS (ASX) Chart |
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FUTURE BATTERY MINERALS LIMITED
Nick Rathjen, MD & CEO
Nick Rathjen
MD & CEO
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