MXC is in transition phase from a pure speckie without any income to an income generating stock. The DTers have gone as there is no surprising element atm that can be hyped. The big guys won't look at MXC until the income fits their criteria and so we are left with some medium guys who work the sp down in their favour and the rest like us small holders. From now on it is almost just about profits and once we see the money flowing in and positive cash flow reported the sp will climb. I hold OBJ and LPE which are in the same situation, the market wants to see the $$$ before investing real large amounts.
Just a matter of being patient and taking advantage of the low sp. But as always, humans don't feel good when their investment is losing value while ignoring the buying opportunity for the LT. We rather pay more for less when the sp rises as that confirms our investment decision and makes us feel good.
That's one reason why big brokers use computers which are focused on the LT objective and ignore human feelings.
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $14.11M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 20000 | 26.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 1501 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 20000 | 0.260 |
1 | 6000 | 0.255 |
2 | 4408 | 0.250 |
4 | 20000 | 0.240 |
2 | 17200 | 0.230 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 1501 | 1 |
0.295 | 34 | 1 |
0.300 | 50 | 1 |
0.305 | 60 | 1 |
0.310 | 50 | 1 |
Last trade - 07.00am 19/11/2024 (20 minute delay) ? |
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RGT (ASX) Chart |
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