question to long term holders, Im trying to understand where all the selling is coming from as this is the highest volume the stock has ever traded and we barely budged and with 16c of cash and listed stock are sitting with an EV of around $1m, whilst I didnt think todays cobalt announcement was the greatest announcement in the world it certainly wasnt terrible
The only thing I can think of is that up until recently MZM has been for sometime been pushing the Gold project next to GOR as its primary focus and despite alot of drilling and effort they are yet to find anything of substance here and so long suffering shareholders who bought MZM for its gold exposure and now seeing them pivot into this new focus of battery tech are exiting as they arent interested in battery tech but gold?
open to any thoughts on the matter as I genuinely believe the Battery Grade Manganese project if testwork proves succesful could be a company maker in this EV battery boom we are seeing
Question to long term holders
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add E25 (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $47.85M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20000 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.5¢ | 52127 | 2 |
View Market Depth
| Last trade - 16.12pm 01/07/2024 (20 minute delay) ? |
| E25 (ASX) Chart |
Day chart unavailable