Mgx has got my interest. I am presently not a holder (sold in July last year before the big rise).
Worked out Mgx share/asset value is about 24c (please check and correct me) historical Pe about 3.8 on todays price.
I am a believer in charts, but I look at fundamentals first as the cause of the trend.Either there is something we don't know or MGX is theee bargain. Ore sales may slow but will hardly come to an end.
This sell off today may be a great oppotunity.
do your own research.................
v poor technicals, page-2
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $402.0M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 34.0¢ | 33.0¢ | $64.07K | 190.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 215426 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 85973 | 13 |
View Market Depth
| Last trade - 11.13am 01/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |