It has been obvious for more than 12 months the only thing that can get MHM moving is having positive cash flow from its operational busineses .
The quarterly report in my view is the key indicator and has always been the ley indicator to be watching
What is the Revenue, expenses, and cash flow
Ideas are great but unless your business can be seen to grow revenues at 20 + Per Annum , hold expenses down and then deliver positive cash flow this market will not rate you .
In the MHM case it has to even more because of all the over promises
MHM is still a start up bsuiness .
The process is unique , but as yet not a commercial success .....just like Davnet was
In MHM case holding a monopoly is great over the Aussie processing , but unless revenue grows towards $15m per annum , andthey can generate a 10% net return on that revenue the business is not worth the $15m market cap at the 10c share price .
If MHM continues to have revenues of $6m per annum and loses $2m-$4m per annum the cash raised at $1 and then via the options at 20c will disapear and it will be difficult to find new money on those numbers
If the new machinery proves to be succesful and that allows the company to generate a return .
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Last
45.8¢ |
Change
0.003(0.55%) |
Mkt cap ! $236.7M |
Open | High | Low | Value | Volume |
46.0¢ | 46.5¢ | 45.5¢ | $348.1K | 758.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 8712 | 45.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
46.5¢ | 28356 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8712 | 0.450 |
2 | 12272 | 0.440 |
3 | 72461 | 0.435 |
3 | 23273 | 0.430 |
4 | 166579 | 0.425 |
Price($) | Vol. | No. |
---|---|---|
0.465 | 28356 | 3 |
0.470 | 19356 | 2 |
0.475 | 125000 | 1 |
0.480 | 47517 | 2 |
0.500 | 366711 | 6 |
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