This is a brilliant company, but unfortunately it IS an equity, and therefore eventually fundamentals and valuation will come into play. Whether that be in a month, a year or five.
Quite frankly, I'd be much more inclined to buy Bitcoin at its current price than MFG. Bitcoin still well into correction territory and ever expanding in social knowledge and acceptance, MFG chart looks like its firmly in bubble territory, primarily influenced by market psychology over any sort of valuation.
FY18/19 results thread, page-6
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Add MFG (ASX) to my watchlist
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Last
$11.26 |
Change
0.030(0.27%) |
Mkt cap ! $2.013B | |||
| Open | High | Low | Value | Volume |
| $11.23 | $11.28 | $11.05 | $7.131M | 637.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 234 | $11.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $11.28 | 6303 | 3 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| MFG (ASX) Chart |