How does everyone read todays sell off.....
1. Profit taking ....sell the news.
2. Market was not satisfied with MGX half year result.
3. General Market sentiment.
I personally thought the half year results were good. The only concern i had with the higher costs. i.e. margins have reduced slightly. This may be a one off.
Production was strong.
What was everyone elses view on the results?
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Last
38.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $454.4M | |||
| Open | High | Low | Value | Volume |
| 39.0¢ | 39.0¢ | 38.0¢ | $280.8K | 728.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 288800 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.5¢ | 4999 | 1 |
View Market Depth
| Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
| MGX (ASX) Chart |