We can also compare MYG with SXE which had a major re-rating, when the market realised that the company was growing again its revenues during FY 24.
I expect a similar scenario for MYG, as I do not see any major reason why MYG could not grow its revenues like the rest of the sector during H2 24.
MYG has a lower exposure (than SKS and SXE) to data centers, but it also depends on other growing areas (cf recent presentation of their MD).
Comparison MYG vs SKS, page-2
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Last
92.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $84.15M | |||
| Open | High | Low | Value | Volume |
| 92.0¢ | 92.0¢ | 92.0¢ | $4.716K | 5.126K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5490 | 91.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 92.0¢ | 1234 | 1 |
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| Last trade - 15.40pm 20/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |