It may be argued Josimar, the market halved the share price of MBK due to its position in the market in the lower end in relation to world prices Survival as a speculative stock and that is what MBK is, depends on managements responsiveness to change in terms of risk management.of their resources. There is a strong argument to preserve capital as traders do when better opportunities are self evident and a lot of that is based on timing. People won't make money buying at the top of the trade cycle, assuming the potential is there (speculative) but rather by buying at the bottom depending on their appetite for risk and reward. What interests me is that MBK hold a far spread of different minerals where demand should increase. Such stocks tend to rise with the sector and these minerals could be viewed as a store of wealth. Kind of goes with the name.
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Last
1.9¢ |
Change
-0.002(9.52%) |
Mkt cap ! $5.856M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.9¢ | $5 | 277 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200000 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 7723 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 916238 | 0.014 |
2 | 51600 | 0.012 |
2 | 91700 | 0.011 |
1 | 100000 | 0.009 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 459965 | 4 |
0.018 | 40000 | 1 |
0.020 | 6875 | 1 |
0.022 | 35000 | 1 |
0.025 | 30000 | 1 |
Last trade - 13.05pm 26/11/2024 (20 minute delay) ? |
MBK (ASX) Chart |