I don't think he will.
This knife has fallen so far down that buyers who still believe in Magellan remind me of Warhammer fanatics and their blind faith in the Emperor, who is technically a corpse.
Magellan is on the path to terminus and if I wasn't interested in farm land right now I'd fire up my CFD account and short it, but even that's risky because there are inevitable long moves up from frenzied buyers who think one positive FUM report is some sign from the investing Omnisiah that things have turned a corner.
I don't think he will. This knife has fallen so far down that...
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Last
$8.22 |
Change
-0.060(0.72%) |
Mkt cap ! $1.485B | |||
| Open | High | Low | Value | Volume |
| $8.26 | $8.29 | $8.18 | $4.299M | 522.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 357 | $8.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $8.23 | 595 | 1 |
View Market Depth
| Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
| MFG (ASX) Chart |