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2.8¢ metals australia ltd

Keeping in mind I posted that in Jan lol, but just because...

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Zestfulmocha

2,311 Posts.

534

02/08/18

20:45

Post #: 34697158
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Originally posted by charlesn ↑

MLSO looking like a bit of a ripoff at 0.003 compared to heads at 0.004 at present, ... but look at MLSOA. No buyers, even at 0.001. I remember thinking I got the steal of the century picking them up at 0.001 a few months ago, and even with a fall in MLS SP, they can't really fall. So if one believes in the company, and believes something biggish will happen before 2020, how can you go wrong with MLSOA. Buy a bucket load at 0.001,... and it's not like you have to queue up to get them - any news whatsoever and boom 0.002, 100% return! if one had little faith, could even buy and put half straight into the 0.002 sell queue for a free carry. The only way to actually lose money on this is if MLS never do a damned thing with Lac Rainy or the Zinc, and the SP never gets near 1c, and there are no buyers for the MLSOA options ... but surely this is low probability. No sales on MLSOA today ... might see if I can't give Order of Sales a little nudge tomorrow

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Keeping in mind I posted that in Jan lol, but just because something is on the floor doesn't mean it's bad.
I have no opinion on MLS, but HDY is trading similarly, and I just picked up a few mil at 0.001, not without risks but the upside is big if it ever breaks out

MLS Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 2.8¢		Change 0.000(0.00%)		Mkt cap ! $17.45M

Open	High	Low	Value	Volume
2.7¢	2.8¢	2.7¢	$8.101K	300K

Buyers (Bids)

No.	Vol.	Price($)
3	203934	2.5¢

Sellers (Offers)

Price($)	Vol.	No.
2.8¢	817225	6

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 - 10.51am 27/11/2024 (20 minute delay)

MLS (ASX) Chart