re: gone to 86 they are minnows compared to the big 2 but they are 4th biggest nonetheless. I don't know what holds price back my rationale is that sooner or later it will reach its fundamental value and it still has a way to go but we are certainly well on the way now. But technical people may of course disagree.
Seems that the market is always 6 months behind MGX as to where it is actually "at" maybe institutions are sceptical or too risk averse. For a long time it languished around 10-15 cents the market refused to believe they would ever produce. Maybe there is still scepticism? I dunno I would be interested what others think on this question you have posed.
gone, page-8
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $444.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $244.0K | 664.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 118094 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 50000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |