really depends how many cheap shares you pick up and how profitable you think the company will be in the future.
There is no way MGU had 25 million genuine shares traded between retail investors last week, with no news and no interest.
Is it legal to draw the share price down in this manner? might be worth an enquiry to the ASX.
webinar thoughts, page-28
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Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.33M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $17.66K | 1.291M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 1955042 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 191985 | 1 |
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| Last trade - 11.33am 02/08/2024 (20 minute delay) ? |
| MGU (ASX) Chart |