This is a great stock... and long term you can't go wrong.
In my opinion though (not advice - just my view), there was a run at being included in the ASX300 / ASX 200, and it missed. It's currently overpriced and may continue backwards for a little more...
Will likely go to sleep for a couple of months and find a new balance point. I don't have a view exactly where - but - I think it will likely then wake up and make another run ahead of next ASX re-balancing, which I expect would be in March...
Charts Analysis for MAD, page-8
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 (20min delay)
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Last
$7.09 |
Change
0.000(0.00%) |
Mkt cap ! $1.418B | |||
| Open | High | Low | Value | Volume |
| $7.08 | $7.19 | $7.04 | $235.9K | 33.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5054 | $7.06 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.09 | 1615 | 1 |
View Market Depth
| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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Last
$7.06 |
Change
0.000 ( 0.92 %) |
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| Open | High | Low | Volume | ||
| $7.08 | $7.15 | $7.04 | 9355 | ||
| Last updated 15.59pm 17/05/2024 ? | |||||
| MAD (ASX) Chart |