MMR mec resources limited

what am i missing something 3.22, page-2

  1. 1,739 Posts.
    Hi Simon,

    well done!
    You are almost correct, it has been calculated by others on here that MMR share price should be about 8x the price of BUY.

    If BUY = 14c, MMR should be $1.12

    This is NET of the following events:
    1. MMRO options exercised
    2. MMR share purchase plan creates 30million new shares in the company.
    3. MMR's share of PEL-11 falls to around 45% - after Advent have found a farm-in partner to share the drilling costs.

    If you need, I'm sure we can find the relevant material, or someone can repost it.

    Joel
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $9.248M
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $15K 3M

Buyers (Bids)

No. Vol. Price($)
1 100000 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 13907851 9
View Market Depth
Last trade - 15.42pm 01/07/2025 (20 minute delay) ?
MMR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.