if i am being completely honest here is my take on the current MGU price.
we are worth 4 cents at best. And i believe the market is beginning to notice we have nothing to show. I hate to be this honest but its time i speak my opinion.
Please note that i do love MGU and have a very high avg of 14c. But i am not biased and am being completely honest.
-Our DSO got cancelled and is no longer happening.
-Iron ore has gone to $**t.
-investors do not want to buy MGU. we are always very weak and will not break 10c for a long time.
-T20 are selling
-we have not had a meeting which we were promised after the DSO cancellation.
-we are NOT MAKING ANY ANNOUNCEMENTS NOR KEEPING THE MARKET UP TO DATE. *HINT HINT DIRECTORS*
-Whole market sell off
-cessation of securities due to us not meeting targets
-we are all talk and no show. we have not proven anything to the market.
-we keep pushing back our agreement with ANGLO
-we have no revenue
I mean i love MGU and do believe it can do great things 3 years +, but for now we are over valued. and thats comming from a shareholder who purchased shares when the DSO was looking amazing.
I am losing hope. and seeing stocks i sold go 200%+ to buy mgu which im down 50% on kills me everyday.
Last week someone claimed we were due for a breakout. Everyone liked that post but ignored me when i said we wouldnt break out. I even made a post last week (moderated) claiming we would go sub 9c which has come to fruition.
people do not like the truth. and the truth is this is not a company worth 10c +. i wish i noticed this when i first purchased shares.
IMO if you are not willing to HOLD for YEARS then you may aswell sell now and move on to better stocks such as EFE and BRN.
i am too down in $ to sell now like a fool. Just gotta hold tight and enjoy the ride.
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Last
1.1¢ |
Change
-0.001(8.33%) |
Mkt cap ! $8.902M |
Open | High | Low | Value | Volume |
1.1¢ | 1.1¢ | 1.1¢ | $4.467K | 406.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 677678 | 1.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.2¢ | 260735 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 677678 | 0.011 |
9 | 1175173 | 0.010 |
8 | 2404311 | 0.009 |
6 | 1010050 | 0.008 |
2 | 700000 | 0.007 |
Price($) | Vol. | No. |
---|---|---|
0.012 | 260735 | 2 |
0.013 | 571762 | 5 |
0.014 | 242332 | 2 |
0.015 | 586793 | 3 |
0.020 | 319940 | 2 |
Last trade - 10.30am 05/11/2024 (20 minute delay) ? |
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