MTL 0.00% 0.1¢ mantle minerals limited

The Next Bunt Stock, page-121

  1. 675 Posts.
    This will probably sound really weird but MTL showed amazing strength today - yes we ended up slightly down but these are the key points I found most pleasing:

    1. VWAP 32.59
    2. All Ords off over 1% and compounded by the usual Friday selling
    3. New high of 34c hit
    4. 800k were bought on Thursday @28c - profit taking is to be expected and these were absorbed at much higher prices - free float is shrinking by the day
    5. Significant volume of over 2m+

    In order for MTL to go up, a small pullback such as occurred today is necessary - this consolidation is actually healthy and will ensure future price appreciation is sustainable - would really appreciate any TA on the future direction of the stock if anyone is able?

    Jethro
 
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Last
0.1¢
Change
0.000(0.00%)
Mkt cap ! $12.39M
Open High Low Value Volume
0.1¢ 0.2¢ 0.1¢ $3.125K 2.625M

Buyers (Bids)

No. Vol. Price($)
124 429737260 0.1¢
 

Sellers (Offers)

Price($) Vol. No.
0.2¢ 38044595 27
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Last trade - 12.33pm 04/12/2024 (20 minute delay) ?
MTL (ASX) Chart
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