Hi all I am a holder and on the verge of buying more shares. The intense HFT capping on this stock and the fact we're below cash-backing have me more interested.
What sort of value are we putting on the next loss of business insurance payment? Logically even a conservative amount should boost the stock as its just more cash for the firm and ends any anxiety.
I just have no idea what that may be.
Sorry for the ramble but basically I have had luck in the past with undervalued stocks that are being capped and accumulated, and MGX has that written all over it.
Estimated fair value
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $444.6M | |||
| Open | High | Low | Value | Volume |
| 37.0¢ | 37.0¢ | 36.5¢ | $244.0K | 664.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 118094 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 50000 | 2 |
View Market Depth
| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |