Prior to that day, the lowest price reached was 36.5c on 19/11/14 so technically speaking that is where the gap closes. If you have commsec put up a 3 month daily candle-stick chart and you will see it quite clearly. Gaps "tend" to get filled unless you get a break away gap. Not to say 41c won't get hit, but I dare say if it does get to 36.5c there will be some profit taking there and may pull back.
MGX Chomp Chomp, page-15
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.0¢ | $500.4K | 1.571M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 107146 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 60553 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |