My last post was on 13th Oct when I had mentioned I had exited at 13c my shares from 9.5.
Since then been watching for some time, including the Cr and push towards the CR price. I did not buy then. Wanted to see how the saga plays out. It came back strongly to pre-CR level, not the highs (but most U stocks are not at their highs) but decent level.
This week I picked up fair few at 10.5. Yes there could be downside, as some say CR and CR price may have an effect. If it weakens I may exit in high 9s, but other wise if 10 is looking like holding, I will continue to hold.
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Another important week coming up. U sector in consolidation phase. Would be good to see come out of this phase.
For those interested how stock is tracking against other Uranium stocks or who hold multiple Uranium stocks, I do a Weekly Report across 28 ASX U stocks for more than 2 years. It has got Weekly/Yearly data how stocks are tracking. Also figures for last 2 years. I also have commentary across general markets and sector. Those just holding specific stocks, it may not be relevant, so please ignore.
Here is the report for this week.
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https://hotcopper.com.au/threads/age-weekly-report.6580138/page-4#post-71488912
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Last
11.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $243.7M |
Open | High | Low | Value | Volume |
11.5¢ | 12.0¢ | 11.5¢ | $640.3K | 5.538M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
24 | 2598239 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 3199737 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 2567589 | 0.115 |
61 | 4485588 | 0.110 |
41 | 3934928 | 0.105 |
84 | 5509236 | 0.100 |
7 | 426516 | 0.099 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 2994737 | 27 |
0.125 | 4874090 | 35 |
0.130 | 4420717 | 42 |
0.135 | 3087609 | 22 |
0.140 | 1408190 | 27 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
11.8¢ |
  |
Change
0.000 ( 1.12 %) |
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Open | High | Low | Volume | ||
11.8¢ | 11.8¢ | 11.5¢ | 1698787 | ||
Last updated 15.59pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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