"Some Long term holders will need 100%- 200% plus return from here to break even"
That's exaggerated. Not many "long term" holders need 100% to get to breakeven. How many long term holders only bought near the peaks at 14c and above? Almost no long term holders need 200% gains to break even but some long term holders are up more than three fold from 2c if holding prior to 2021. It's a volatile stock.
In any case, I am set to take advantage of that big volatility and large sp moves after increasing my holdings between 5 and 7c, especially with now around 7 million options averaging close to 2c.
Get ready for sustained higher prices on completion of funding. 100-200% gains are easily justified by the fundamentals and will come - as you like to say - IMO
"How this is now trading at under 7c is major concern and Red Flag "
You've been going on about red flags since 5c. It's up 40% since the lows. Your red flags are meaningless and not stopping the current uptrend.
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Last
4.3¢ |
Change
0.006(16.2%) |
Mkt cap ! $37.78M |
Open | High | Low | Value | Volume |
3.7¢ | 4.3¢ | 3.7¢ | $42.84K | 1.064M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 378220 | 4.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.3¢ | 150000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 378220 | 0.040 |
1 | 16000 | 0.039 |
2 | 195000 | 0.038 |
2 | 190411 | 0.037 |
2 | 110054 | 0.036 |
Price($) | Vol. | No. |
---|---|---|
0.043 | 150000 | 2 |
0.045 | 90000 | 1 |
0.046 | 197111 | 4 |
0.047 | 105536 | 3 |
0.048 | 20833 | 1 |
Last trade - 15.45pm 01/11/2024 (20 minute delay) ? |
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MNB (ASX) Chart |