Hey guys,
Here a copy of a post i wrote on mqg 1 month ago approx just after the drop after announcement.
'Looks about right the drop, Doesn't seem overdone to me and i'm pondering puchasing today or in the low $30's. Hard to tell where it will go from here however i guess it depends if you think mqg will do full year of 800, 900, 1 mil or 1.1 mil. And who knows the answer to that... noone'
And for now:
Now for mqg to reach their target which from memory but don't quote me was 1-1.1 million, they would need to double first year profit in the 2nd half. i.e. make 600-700 million.
If i think they would be reach their most recent forecast i would be buying now but i think it's a stretch.
I would feel more comfortable below $32 at the moment but will wait and see i guess :)
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Last
$202.30 |
Change
-1.630(0.80%) |
Mkt cap ! $77.36B |
Open | High | Low | Value | Volume |
$203.39 | $203.39 | $201.88 | $12.03M | 59.35K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 13 | $202.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$202.30 | 35 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 4 | 202.220 |
1 | 25 | 202.200 |
6 | 144 | 202.180 |
1 | 15 | 202.170 |
2 | 52 | 202.160 |
Price($) | Vol. | No. |
---|---|---|
202.280 | 30 | 2 |
202.290 | 25 | 3 |
202.300 | 126 | 9 |
202.310 | 5 | 1 |
202.320 | 65 | 7 |
Last trade - 10.58am 26/06/2024 (20 minute delay) ? |
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MQG (ASX) Chart |