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0.67%

75.5¢ mlg oz limited

Well done to the shorter... That was also my vote and now is...

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BagsOBucks

4,327 Posts.

345

04/06/21

13:32

Post #: 53650440
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Originally posted by sandy68: ↑

Over the weekend with my friends we did a vote count on this stock.

Buy = 3
Short = 1
Wait = 6

Margins in this business is very tight and the Capex is ongoing, it still has some safety in valuation for investors.
I really don't like maintenance capex trajectory I must say.
I'm going to wait for some chart formation now.

Can anyone please explain here this part ?
"In FY20, CoS increased by $9.4 million (6%) to $164.5 million partly driven by the associated costs to deliver new
contract wins"
Contract Wins + IPO + External Labour (6% up)

What about reduced variable expenses?
Like how much do they need to spend for contract wins and why so?

Expand

Well done to the shorter...
That was also my vote and now is neared the IPO am happy to enter @ 1.02 and will add if goes under next week...

MLG Price at posting: $1.03 Sentiment: None Disclosure: Held
1 Upvote

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(20min delay)
Last 75.5¢		Change 0.005(0.67%)		Mkt cap ! $110.8M

Open	High	Low	Value	Volume
75.5¢	77.0¢	74.0¢	$136.8K	181.0K

Buyers (Bids)

No.	Vol.	Price($)
2	5428	75.5¢

Sellers (Offers)

Price($)	Vol.	No.
76.5¢	25000	1

View Market Depth

No.	Vol.	Price($)
2	5428	0.755
2	18316	0.750
1	3500	0.730
1	3448	0.725
2	34000	0.720

Price($)	Vol.	No.
0.765	25000	1
0.770	25000	1
0.775	16000	1
0.780	651	1
0.785	155	1

Last trade - 16.10pm 20/05/2024 (20 minute delay)


Last 75.0¢			Change 0.005 ( 0.67 %)
Open	High		Low	Volume
75.0¢	77.0¢		75.0¢	8683
Last updated 14.46pm 20/05/2024 ?

MLG (ASX) Chart