With a market cap of $2.6 M the market has already priced MTH for failure. It is trading at shell value. When markets have a low expectation of success like here, any surprise success can lead to a huge re rating. Id say unlikely but you never know. The way I look at it, at this market cap, Kurnalpi drilling is a free spin, if there is nothing there we move onto Billy Hills zinc project and await news of progress of the recently announced vanadium JV. Sooner or later the sp will bounce off this low base.
Ann: Meekatharra Vanadium Joint Venture, page-105
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $21.13M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 42.5¢ | 42.0¢ | $12.36K | 29.14K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 50000 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.0¢ | 24778 | 6 |
View Market Depth
| Last trade - 10.04am 18/11/2024 (20 minute delay) ? |
| MTH (ASX) Chart |
