PTM is a class act, MFG is toxic waste.
The issue with any takeover would be the price, PTM management are polite when asked about MFG but it looks like the product of a bull market.I love the chutzpah but I'd never grind someone on the wrong side of a trade or an investment because of all the times I get it wrong, because it just sucks for them so I sympathise and because the market violently punishes hubris like shorting something when it's in the hole.
Which isn't to say it's not a short but I'd look for the bulls to be on top of the heap and skiting like hell before pressing a short like this.
I love the chutzpah but I'd never grind someone on the wrong...
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Last
$9.61 |
Change
-0.110(1.13%) |
Mkt cap ! $1.720B | |||
| Open | High | Low | Value | Volume |
| $9.75 | $9.83 | $9.54 | $8.883M | 922.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2167 | $9.54 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.61 | 1543 | 1 |
View Market Depth
| Last trade - 16.10pm 20/09/2024 (20 minute delay) ? |
| MFG (ASX) Chart |