You have given me two examples where the stocks in question has seen SP down 30-50% over the year. MGX could lob a bid for Herron now at 12 c ( a 70% premium and still be well ahead .
The base metals has been relatively stagnant and some SP have fallen hard so although I can see where you are coming from I also don't see how the market agrees wth you on these projects given the respective SPs of the companies involved
Mongrel - I respect your views and you may be right , in this case though I see equally the other side of the argument . bTW - I know HRRs project . I was a shareholder short term and some out at 15.5 . I would love them to end up with a zinc project
Current spot valuation 68c, page-16
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
