I'd say fair value is anything below $20. Great opportunity to jump out past couple of days. The sp of MQG appears doomed, resistance at $40 (although briefly broken at open today) has held firm three times now. My downside targets are $34 for tomorrow... $25 in a week and well who knows. And well, no short sellers to blame this time 'round :) Was madly keen to open a short at the openning auction... but was denied :( So there you go... if it's falling then it's falling not because of short sales.
Nobbylad.
asic comprehensive asx shorting ban , page-11
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Last
$234.55 |
Change
2.320(1.00%) |
Mkt cap ! $89.34B | |||
| Open | High | Low | Value | Volume |
| $234.00 | $234.75 | $232.25 | $13.31M | 56.87K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21 | $234.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $234.59 | 31 | 2 |
View Market Depth
| Last trade - 11.04am 14/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |