Student, not sure I agree with you that "many are expecting it go below 40c over the next few days/weeks". What "many" do you apparently now speak for?
I might agree many are HOPING it'll go below 40c (my brother in law included), while it seems to me from today's trade, the majority expect it won't given the now strong buy-side of the ledger, after clearing of all orders last night. IMHO, I reckon you'll now be lucky to get any MAK stock under 45c with NMDC-deal looking increasingly likely. Obviously that's on the basis there are no black-swan events between now & the next bit of good news. The recent rise from 36c, which seems to have blown your mind, is not that remarkable when considered against how under-valued it was sub-40c. This stock belongs above 50c pre-JV. Post-JV you'll be lucky to buy below 80c & would prob need to pay over $1 before the year is thru. Obviously only my opinion. As always DYOR & GL to all.
Cheers
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Last
0.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.74M |
Open | High | Low | Value | Volume |
0.5¢ | 0.5¢ | 0.5¢ | $4.891K | 978.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 7284260 | 0.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.6¢ | 8324063 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 7284260 | 0.005 |
13 | 7984631 | 0.004 |
11 | 6273337 | 0.003 |
8 | 5435000 | 0.002 |
4 | 7399950 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 7524063 | 11 |
0.007 | 6187807 | 9 |
0.008 | 7188125 | 9 |
0.009 | 386000 | 2 |
0.010 | 1321252 | 4 |
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