Yes I see what you mean - I missed word 'recently' in your previous post. So as 'recently' yes there are similarities. But if you look from 3-5 years perspective (which is what I meant) - charts are way different:
- MGX is on long DOWN TREND (which of course will end soon, but nobody knows when and at what price; We all saw ridiculously mispriced good companies in the past).
- AGO, at least now, it is on long term up trend and in med term down correction to the long term trend line
If you look at MGX 10 yr chart you would notice that 90c-105c level is the 'very long term' slow up trend line. Hopefully 90c will be a strong support. As I mentioned above I am considering buying MGX, it is a good value at current price, just not yet (due to recent SP trend weakness and management quality issues).
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Last
27.5¢ |
Change
-0.005(1.79%) |
Mkt cap ! $335.0M |
Open | High | Low | Value | Volume |
28.0¢ | 28.5¢ | 27.5¢ | $270.7K | 972.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 200932 | 27.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 78042 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 200932 | 0.275 |
8 | 204034 | 0.270 |
6 | 358926 | 0.265 |
5 | 125750 | 0.260 |
4 | 111000 | 0.255 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 78042 | 4 |
0.285 | 184814 | 5 |
0.290 | 90500 | 2 |
0.295 | 10000 | 1 |
0.300 | 139027 | 7 |
Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
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MGX (ASX) Chart |