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0.3¢ mrg metals limited

62 million shares @ 1 cent = $620 k. Its hardly big money!! I'd...

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dsb55

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21

27/07/18

09:41

Post #: 34588354
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Originally posted by Omegaman38 ↑

Couldn't of said it better Hok .... a savvy investor will see when the jungle drums are beating.
That's not to say that this stock isn't speculative .... of course it is .... the jewel of the company at this point is in Africa ..... having lived there for 5 years it can be a very challenging place to get things done and it's not the most stable region so yeah money is not in the bank.

But the fundamentals and how you should quantify the MC of this company are sound and are much higher than the MC at the moment.

Yes there are risks but I am very bullish on this stock .... I am a new poster, yes, but whatever my motives are (and they are genuine not pump and dump) if you DYOR even someone with a rudementary understanding of economics can see at this point and time, with what is known to the market this stock looks very sound.

But as with the nature of the beast some negative news could flip it on its head.

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62 million shares @ 1 cent = $620 k. Its hardly big money!!

I'd say they might have a couple of high net worth individuals who are prepared to have maybe 1 to 3 % of their money in a highly speculative stock.

MRQ Price at posting: 0.9¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 0.3¢		Change 0.000(0.00%)		Mkt cap ! $9.490M

Open	High	Low	Value	Volume
0.3¢	0.3¢	0.3¢	$525	175K

Buyers (Bids)

No.	Vol.	Price($)
3	2846826	0.3¢

Sellers (Offers)

Price($)	Vol.	No.
0.4¢	25870526	19

View Market Depth

No.	Vol.	Price($)
15	22176536	0.003
26	27200476	0.002
26	67533287	0.001
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.004	25862154	35
0.005	12060000	12
0.006	8411252	11
0.007	5484000	7
0.008	5188095	6

Last trade - 10.04am 04/12/2024 (20 minute delay)

MRQ (ASX) Chart