The biggest negligent from the management so far is the cash and capital management.
The spend too quick, and raise too late.
Previously, MTN has 3 months window to raise money at above $6.
There a range of uranium hopefuls ended up with load of cash just take 3 days of share spiking.
I believe the reliance on Talbot/CITIC is part of the problem. I hope MTN can learn something from it.
WMT, GBE, DYL, WHE, BMN, PNN .....
PNN has too much cash, even ready for share buyback.
Anyway, the company need to measure up. Otherwise, Holding big resources, cannot mine it in time and economically.
I don't think there is anything to cheer for today. But anything is better than nothing.
- Forums
- ASX - By Stock
- reverse head and shoulder is forming
The biggest negligent from the management so far is the cash and...
Featured News
Add NRZ (ASX) to my watchlist
|
|||||
Last
0.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $6.315M |
Open | High | Low | Value | Volume |
0.4¢ | 0.4¢ | 0.3¢ | $2.463K | 801.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
47 | 50988620 | 0.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.4¢ | 9068336 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 50988620 | 0.003 |
57 | 118983303 | 0.002 |
28 | 175150000 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
---|---|---|
0.004 | 9068336 | 14 |
0.005 | 4608429 | 7 |
0.006 | 2074676 | 4 |
0.007 | 1908856 | 4 |
0.008 | 137500 | 2 |
Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
Featured News
NRZ (ASX) Chart |