I wouldn't call it dumb at all. IPOs can be a bit of a lottery sometimes.
The market appears to be quite news driven at the moment and MZM isn't exactly shouting look at me.
If I were you I would probably give it a bit more time - at least until they start their exploration program and then see what it's doing. I don't think the sp is going to collapse in the meantime, but don't hold me to this.
Good luck
SBC
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Last
25.0¢ |
Change
0.040(19.1%) |
Mkt cap ! $54.97M | |||
| Open | High | Low | Value | Volume |
| 21.5¢ | 26.0¢ | 21.5¢ | $22.23K | 90.37K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35000 | 23.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 20000 | 1 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |