For those that missed my first post on this... Mooter was never $22. Mooter only listed in Dec 2005, but that was by way of a "back door" listing, buying a company with a different code (which was changed in Dec2005 to MMZ). As far as I know that company was doing nothing, and there's no other relationship between what Mooter does and what that old ASX code was used for before Dec2005, so ignore anything in the chart before then.
Mooter listed at about 65c from memory, and did briefly rise over $1 before beginning it's slide to around 20c. Then about 2 years after listing it dropped again - about the time a lot of escrowed shares came out of escrow.
Since then, business activity has dropped to the point where there's barely a pulse, so if they're going to do anything worth today's market cap then I'd expect either a large capital raising and/or massive dilution (again) if Hotshot is going to fund it. So it better be a ripper of an announcement :-)
MMZ Price at posting:
3.1¢ Sentiment: None Disclosure: Not Held
