Sell in May and go away would still have been the best strategy for MGX as it would also have been for most of ASX stocks particuluarly materials but as the song says
"its a long way to the top if you want to rock and roll".
Once the June qtr results are through and the eps for the 11-12 Fin
year is announced, we should see the SP going north of $1.20 on a reasonable
P/E if we dont see a buy-out bid in the interim.
The cash in the till is looking more attractive by the day!
With kind regards
Moorookamick
can anybody remember..., page-2
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.5¢ | $369.5K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99993 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 180244 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |