Boof,
Bell Potter has a four analyst (including Pattersons & JPMorgan) read of 2 holds, 1 buy and 1 strong buy.
256 million in bank and no debt is huge in any sector.
When this is trading at .80c plus, all of us will say "I just KNEW it was oversold".
Large volume going thru last week and it must be realized that for every 10 or 20mil sold there was a buyer. Sellers do so for a plethora of reasons. Buyers buy because they see value.
Just MHO. Not investment advice
Miki
57c is good value, page-7
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Last
35.0¢ |
Change
0.015(4.48%) |
Mkt cap ! $429.4M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 35.5¢ | 33.5¢ | $399.8K | 1.159M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 42089 | 35.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.5¢ | 240464 | 28 |
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| Last trade - 15.04pm 06/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |