mgx is an interesting punt and I've followed your previous "rubbery figures"calculations with interest. My major worry is the lack of any shareholding by the MD Brian Johnson who started the project. You'd think that if he had real faith he would have picked up some from the recent 9c issue. I understand he holds options but don't know his strike price.
I do have a holding but this concern and the consistent presence of large sellers keeps me from devoting serious money.
quarterly activities report due, page-2
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Last
32.5¢ |
Change
-0.010(2.99%) |
Mkt cap ! $395.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.5¢ | $149.9K | 459.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 214192 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 33054 | 27 |
View Market Depth
| Last trade - 11.37am 19/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |