MEG
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25.0% 1.0¢ megado minerals ltd

There is just no volume on this stock. Which is not good. Any...

  1. Teslaking
    90 Posts.
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    07/12/21
    12:29
    Post #: 58127220
    There is just no volume on this stock. Which is not good. Any uptick and existing shareholders will sell. Massive overhang of IPO shareholders and negative drilling results an lack of progress will make it difficult for MEG to raise funds. Share price may slide down for a bit, probably 7.5 c is the bottom. After that no results and they will delist.

    So, my 7.5c worth is I see downside with capped upside.
    MEG Price at posting: 9.1¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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Last
1.0¢ 		Change
0.002(25.0%) 		Mkt cap ! $2.545M
Open High Low Value Volume
0.8¢ 1.0¢ 0.8¢ $15.41K 1.683M

Buyers (Bids)

No. Vol. Price($)
1 150000 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 56690 1
View Market Depth
Last trade - 15.55pm 28/06/2024 (20 minute delay) ?
MEG (ASX) Chart
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