..this extract from an earlier trade4profit post. I’ve highlighted the bags:
Based purely on their current status, compared to peers MNC could easily carry a market cap of $20m...some 3 times the current market cap.
With drilling imminent this could be achieved relatively quickly...once the set-up is signed off and complete (upcoming AGM).
If however they can achieve some luck in the field, and return significant results, then market caps north of $50m (+5c) are not a stretch.
Significant results in this region will see +$100m (10c) as a cake walk.
..this extract from an earlier trade4profit post. I’ve...
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Last
1.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $11.46M | |||
| Open | High | Low | Value | Volume |
| 1.2¢ | 1.2¢ | 1.2¢ | $15.02K | 1.251M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 1547995 | 1.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.2¢ | 610183 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
1.2¢ |
Change
0.000 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 1.2¢ | 1.2¢ | 1.2¢ | 168304 | ||
| Last updated 11.01am 03/05/2024 ? | |||||
| LCL (ASX) Chart |