Hi guys,
There’s been a few posts recently about upside/downside for MYG, and I wanted to hear people’s views on potential risks for MYG. I know junior goldies have been hammered a bit recently, but I still can’t believe a near term gold producer such as MYG only has a market cap of $30M. Is it just general rubbish market sentiment, or are there some significant risks I haven’t considered?
Is it finance, metallurgical issues with the gold, did the last owner sell for other reasons, etc etc etc.
Or am I worried about nothing substantial and I should sit back and enjoy the next 12 months or so....
Would welcome some esteemed HC poster’s views on this.
Cheers
TB
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Last
77.0¢ |
Change
-0.053(6.38%) |
Mkt cap ! $70.43M | |||
| Open | High | Low | Value | Volume |
| 82.0¢ | 82.0¢ | 77.0¢ | $8.903K | 11.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 9449 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 9995 | 1 |
View Market Depth
| Last trade - 15.49pm 17/09/2024 (20 minute delay) ? |
| MYG (ASX) Chart |