Problem with many stocks, they have way to many shares,diluted from to many capital raises, this has been mentioned
a few times here, great news comes up two pips or 3,then get smashed with pip traders,its happening to all stocks,many do not even hold stocks, they just suck the guts out of any great announcement with any stock, then the stock price is manipulated with big money, the stocks hardly gets a chance to re rate, see it happen over & over, it's like get in early wait for news, it gets pumped then you have to be very quick before it gets dumped, to take a profit, it's happened here with mls, & it will happen a again.
The heads can not even jump high enough to make the options buy worthwhile. The news that will get mls up just like any duster is actually to produce & make money, but wait more dilution,or sophs get to buy under current price of what holders already paid for, as with bd1.As with wfe, for example only,money was just thrown on the table to get things done as quickly as possible.I believe bkp will be the same.This is why mls to me is a slug performer, with getting other interested parties if any involved. Saying & doing are two completely different things, modern ceo's give brief little updates on twitter to inform not only current share holders but also promising shareholders to come as well.The more that people buy shares the more the price goes up, publicity from the CEO is far more superior than a random hot copper poster giving a nominated company a plug on twitter.
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Last
2.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $17.45M |
Open | High | Low | Value | Volume |
2.5¢ | 2.6¢ | 2.5¢ | $18.31K | 707.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3934 | 2.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.7¢ | 109960 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
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 - 15.50pm 22/11/2024 (20 minute delay) ? |
MLS (ASX) Chart |