For full disclosure I am in the unfortunate position of being a legacy holder of MGG and I will also continue to hold.
I do have a bias with a long term holding in ESH then MGG now LU7, which has been an unpleasant and expensive experience. I am not interested in parking anymore money in LU7 for obvious reasons if you followed MGG threads!
IMHO the impending IPO of PLN is undoubtedly a far superior investment opportunity to LU7. My personal belief and bias is LU7 will not be around in 5 years time to realise any investment return.
Just an opinion not advice!
Hopefully, this ship can be refloated but I have reservations supported by historical company performance!
I wish everyone the best for this investment!
Ann: ASX Market Release - Anticipated Reinstatement to Quotation, page-10
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1.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $7.094M | |||
| Open | High | Low | Value | Volume |
| 1.5¢ | 1.5¢ | 1.4¢ | $12.22K | 835.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 23 | 3197283 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.5¢ | 570728 | 6 |
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| Last trade - 15.59pm 25/06/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |