Got stopped out of MGG this morning, I was so bullish on this and since listing the buyer support has been great - easily sailing up over $1.70 And the NAV is steadily growing.
But... last few days she has been sold down. I was trailing with a stop to make sure I got out with profit should the price drop and boom I'm gone.
Didn't want to take the risk of the loyalty units triggering a sell down in Jan, and then the trust potentially trading at a discount to NAV.
I'll be watching and may re-enter post loyalty units in mid Jan. GLTAH.
And I'm out.
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Last
1.4¢ |
Change
-0.001(6.67%) |
Mkt cap ! $8.314M | |||
| Open | High | Low | Value | Volume |
| 1.6¢ | 1.6¢ | 1.4¢ | $2.344K | 159.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 677237 | 1.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.6¢ | 357331 | 3 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| LU7 (ASX) Chart |