Australia's largest stock trading and investment forum Australia's #1 stock forum

MLS

Click for more information

0.00%

2.8¢ metals australia ltd

MLS :Multiple Targets for "Micro" Cent., page-2659

First 2659 Last

Share
Profile

Follow
Petertkd

3,926 Posts.

857

06/08/18

11:29

Post #: 34743702
Share

Originally posted by Hokusai ↑

$715k in cash

means they'll be looking to raise capital irrespective of the claimed outlay this quarter.

When $10m companies trade below 0.005c it is very hard for them to move up as each tick is at least 25% and will always find sellers.

The stocks nearly always end up trading at 0.001c and 0.0002c

What is most likely to happen is that sophisticated investors will take a discounter CR while will move the price down as they sell for profits.

Lithium is no longer the flavour. All gains are being sold into in the bigger ones like PLS AJM GXY KDR
so the small ones don't have much of a chance with this terrible sector sentiment

I've learnt the hard way that the worst stocks to own are ones that don't have sector support and also are the laggers in that sector.

My only post here. And NOI don't want to buy in so you won't see me here again.
Good luck to all

Expand

Wrong informations!

At the moment MLS :
-CASH IN HAND : $2,101,000 . - Over $2mil in Cash.
-Not Lithium .
-Waiting for GRAPHITE at Lac Rainy Project, Canada.

Do not post if you don't know the stocks and not doing the research properly .

MLS Price at posting: 0.4¢ Sentiment: Buy Disclosure: Held
25 Upvote

3 Great analysis

Reply

Top Stories

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

PDI

Chris Judd’s Talk Ya Book: Predictive Discovery finally coming to its 'pointy end' - and it's gunning for gold

There are more pages in this discussion • 761 more messages in this thread...

First 2659 Last

Add MLS (ASX) to my watchlist

(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $17.45M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.7¢	$8.101K	300K

Buyers (Bids)

No.	Vol.	Price($)
3	203934	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	817225	6

View Market Depth

No.	Vol.	Price($)
39	122202353	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	41296776	14
0.003	35137432	27
0.004	35014694	38
0.005	39884815	43
0.006	29688284	22

Last trade - 10.51am 27/11/2024 (20 minute delay)

MLS (ASX) Chart