Why don't you have a look at Melbourne IT MLB for a medium term hold. It's profitable, growing profits and revenue and on a low PE. Support looks strong at 61c so there's limited downside.
I feel that it's out of favour at the moment and as a consequence has been overlooked by a market focused on a defensive/gold strategy.
Why don't you have a look at Melbourne IT MLB for a medium term...
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Last
$60.00 |
Change
0.520(0.87%) |
Mkt cap ! $11.63B | |||
| Open | High | Low | Value | Volume |
| $59.54 | $60.22 | $59.50 | $25.48M | 424.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 600 | $59.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $60.01 | 288 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASX (ASX) Chart |