And these guys laughed at me for being a downramper after they bought at $12 and popped champagne after a dead cat's bounce to $15.
This is one of the most unprecedented incinerations of wealth I have ever seen in my nearly 20 years of investing in markets.
I feel sorry for the wives and children of the people who invested in this company as they probably don't know how much money their significant other/parent has lost in this pit of doom.
I'm expecting $5 next - this is going the way of Platinum. It will plateau at a level when all the "smart money" has left the room with only a few billion being left in the Magellan pot by disinterested investors who don't understand what alpha and underperformance means.
And these guys laughed at me for being a downramper after they...
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Last
$9.50 |
Change
0.430(4.74%) |
Mkt cap ! $1.717B | |||
| Open | High | Low | Value | Volume |
| $9.04 | $9.58 | $9.04 | $13.81M | 1.462M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2387 | $9.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.51 | 1694 | 1 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MFG (ASX) Chart |