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
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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($) | Vol. | No. |
---|---|---|
0.6¢ | 13907851 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.005 |
10 | 2360819 | 0.004 |
10 | 8496802 | 0.003 |
7 | 9850000 | 0.002 |
11 | 32105000 | 0.001 |
Price($) | Vol. | No. |
---|---|---|
0.006 | 13907851 | 9 |
0.007 | 8089274 | 3 |
0.008 | 4000000 | 1 |
0.009 | 700000 | 1 |
0.010 | 320733 | 1 |
Last trade - 15.42pm 01/07/2025 (20 minute delay) ? |
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Dr. Hartley Atkinson, MD
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