Thread did get a work out. Noticed that buy volume has dropped by close to half , yesterday 142mil to 81 mil today. I'm not bagging this company but a company valuation doubling on no news back in April , how so?
Do we know what is happening with Nextore , they seem to have won a competition in October 2020 and not done anything since. I would have thought they would screaming progress considering IO prices are hot right now. Being CSIRO developed , is this going to be like hot rocks.
Nextore have only modelled this ,MGT will be trialing, hmm yes ok.
I reviewed my latest chart and believe 3.5c would be fair value at present for this stock imho.Never judge a chart by its crayons.
MGT Chart 2021, page-118
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Last
25.0¢ |
Change
-0.025(9.09%) |
Mkt cap ! $25.58M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 27.0¢ | 25.0¢ | $68.34K | 269.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17067 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 30319 | 2 |
View Market Depth
| Last trade - 13.18pm 22/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |