I grabbed a huge chunk of shares @ 7.9c - 8.0c as the underlying value is extremely compelling at these levels.
2 weeks ago they placed 10 m shares at 9.6c/share so those sophisticated investors must also see value at these prices.
The resource upgrade is imminent and we'll be talking about a significant upgrade in the reserve / indicated cathegory which will give a huge boost to fundamentals.
Easily one of the cheapest gold stocks with huge low cost production potential on the ASX.
I doubt we'll see 5c. They wont need any cash for a while ( around 5 M$ cash left in the kitty ) and late October will see us through this current crisis. ( Greece will be sorted out by then ).
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Last
72.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $65.85M |
Open | High | Low | Value | Volume |
72.0¢ | 72.0¢ | 72.0¢ | $303 | 421 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2500 | 70.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
75.0¢ | 26250 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 8700 | 0.695 |
1 | 10000 | 0.680 |
2 | 15000 | 0.670 |
1 | 50000 | 0.660 |
2 | 11538 | 0.650 |
Price($) | Vol. | No. |
---|---|---|
0.775 | 2452 | 1 |
0.790 | 5567 | 1 |
0.800 | 6061 | 1 |
0.850 | 15567 | 1 |
0.900 | 9 | 1 |
Last trade - 14.37pm 12/07/2024 (20 minute delay) ? |
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MYG (ASX) Chart |