Yes its interesting and it is also the funds under managment which are all way below their NTA.
Why build a new office block or shopping centre when for a fraction of the price you can buy the funds.
It never fails to amaze me that the price of a share is not what the experts say, not what the company says, not what the dividends or figures say but something else.
Its almost body language! A hidden gut feel.
Those that say the market is always right have never looked at a share prices graph. Stick your pencil on the point that the market is right!
MQG a little while ago had the potential for A$100 today touching A$20.
Someone in the know has already read tommorows report. Would that someone please send me a copy.
article today from business spectator , page-2
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Last
$225.17 |
Change
5.210(2.37%) |
Mkt cap ! $85.82B | |||
| Open | High | Low | Value | Volume |
| $220.90 | $226.19 | $220.69 | $219.4M | 984.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 1663 | $224.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $225.17 | 43 | 1 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MQG (ASX) Chart |