MNC 7.76% 53.5¢ merino & co. limited

Valuation, page-25

  1. 5,015 Posts.
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    Dare say there's quite a few investors watching but hesitating on the sidelines purely due to where the MC currently sits vs funding requirements......so that's the million dollar question (3 million to be exact), how will the required funds be raised? My guess, an asset sale will finally eventuate albeit at a discount, but beggars can't be choosers. The MC was manipulated down in anticipation of a CR/shortfall.....then the acquisition was botched and cost the company a fair bit in terms of sentiment and finance. The MC is currently at shell valuation with some very valuable assets on the books, all it will take is one of the big boys to come sniffing and the MC could jump exponentially. The next 12 months is do or die for MNC imo. From these levels we're either going to see some big rewards or a complete write off.....it's a hard slog for the team with limited funding but they need to get a move on.
 
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Last
53.5¢
Change
-0.045(7.76%)
Mkt cap ! n/a
Open High Low Value Volume
58.5¢ 62.0¢ 52.0¢ $84.57K 155.7K

Buyers (Bids)

No. Vol. Price($)
1 768 52.5¢
 

Sellers (Offers)

Price($) Vol. No.
54.0¢ 2000 2
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Last trade - 15.56pm 15/11/2024 (20 minute delay) ?
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