MEA 0.00% 61.0¢ mcgrath limited

Well said mate - price action and a hot property market...

  1. 545 Posts.
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    Well said mate - price action and a hot property market indicates a decent likelihood of solid results. Market cap is still under $100mil and company is probably holding over $20mil in cash based on previous commentary. Given the company previously alluded to a dividend being paid, I'd say we're a pretty decent chance of getting one with the half year results (although would prefer a buy back or acquisition personally). Volume and price action has also been slow and steady, indicating to me that the share price has further to run, especially with the tailwind of positive results. If market cap breaks into ASX200, I would expect another boost as instos will have mandate to buy. Interesting times for sure!
 
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Mkt cap ! $97.89M
Open High Low Value Volume
61.5¢ 61.5¢ 61.0¢ $380.7K 619.9K

Buyers (Bids)

No. Vol. Price($)
5 750554 61.0¢
 

Sellers (Offers)

Price($) Vol. No.
61.5¢ 419221 6
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Last trade - 15.26pm 07/06/2024 (20 minute delay) ?
Last
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Open High Low Volume
61.0¢ 61.0¢ 61.0¢ 137796
Last updated 15.26pm 07/06/2024 ?
MEA (ASX) Chart
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