I think 36 cents is a reasonable price for it to land. For me, its not worth selling. I was waiting on the insurance payouts and I know the first jump to 25 cents caught a few people off and I suspect the next insurance payout will be a surprise as well. Would hate to miss it trying to day/week trade.
Also the KI announcement will be a surprise either way. I'm expecting at least $100 million to get it up and running, but a NPV of around $200+ million (obviously depending on IO forecasts)
Value Opportunity, page-30
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Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $370.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 30.0¢ | $254.0K | 834.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29996 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 231931 | 9 |
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| Last trade - 16.10pm 19/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |