MGX is looking oversold and IMO everyone is looking for the SP bottom before they buy. SP will most likely jump 10% - 20% fast when the pack arrives in fear of missing out.
On a positve note with the IO sector currently out of favour a cashed up MGX should be able to pick up a cheap IO project in this current market. Even FMS is $150 million cheaper this week than they were last week so perhaps FMS could be a nice buy if the Russian TO fails to eventuate. IMO.
great management, board=great company, page-39
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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
| Last trade - 16.10pm 10/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |