Well that seems plausible now so to sustain and increase the current MPL share price an Australian investor would need to hope our currency value is going to go down over the next 6 to 12 months to lure more oversees holders in. If the AUD dollar rises be careful of the mass exodus of oversees investors. It will be interesting how this plays out although IMO to short MPL right now would be plain dangerous with these oversees buyers... but say if it climbed to $2.50 - $3.00 that is another story.
Overvalued, page-60
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Last
$3.62 |
Change
0.005(0.14%) |
Mkt cap ! $9.928B | |||
| Open | High | Low | Value | Volume |
| $3.60 | $3.63 | $3.59 | $2.730M | 756.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 21 | 39318 | $3.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 103431 | 24 |
View Market Depth
| Last trade - 11.34am 10/07/2024 (20 minute delay) ? |
| MPL (ASX) Chart |