yes the same can be said for other cyclical businesses like MGX iron ore producer. Hence I bought MGX and another cyclical business while they're trading below cash.
With ATP, I took a more cautious approach, started with a small position first then wait and watch for results and market in the coming quarters.
I'm interested in both MGX and ATP, just different approaches to buying them as MGX is at cheaper valuation.
yes the same can be said for other cyclical businesses like MGX...
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Last
13.5¢ |
Change
0.010(8.00%) |
Mkt cap ! $59.23M | |||
| Open | High | Low | Value | Volume |
| 12.0¢ | 13.5¢ | 12.0¢ | $136.7K | 1.055M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 665 | 13.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 63882 | 1 |
View Market Depth
| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| ATP (ASX) Chart |