Thanks for the article, if this is the case,
we are on the cusp of a major credit crunch since banks cannot lend. I got this feeling there is going to be some bank failures in the US, stock market crash, followed by higher unemployment and then deflation.
Signs are ominous, and economists are warning the Federal Reserve to stop the rate increases - but the intention to sting the economy is obvious and intentional. We may then see a reprieve in the interest rate giving rise to a new economic cycle. The next 12 months this will all unfold. Hold onto your shirts but the likes of MGX no debt and growing cash may give rise to acquisition opportunities moving forward.
- Forums
- ASX - By Stock
- MGX
- Ann: Ceasing to be a substantial holder
Ann: Ceasing to be a substantial holder, page-10
-
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGX (ASX) to my watchlist
|
|||||
Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $523.8M |
Open | High | Low | Value | Volume |
43.0¢ | 43.5¢ | 43.0¢ | $98.21K | 227.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 110544 | 43.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
43.5¢ | 103836 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 110544 | 0.430 |
3 | 32318 | 0.425 |
6 | 172561 | 0.420 |
6 | 124047 | 0.415 |
5 | 95839 | 0.410 |
Price($) | Vol. | No. |
---|---|---|
0.435 | 103836 | 6 |
0.440 | 202461 | 7 |
0.445 | 187898 | 6 |
0.450 | 200574 | 7 |
0.455 | 160039 | 5 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
MGX (ASX) Chart |