Hi Luke
MGX does lookk interesting. To me the sole determinant of how cheap it is rests on whta the IO proce will be over the next 2-5 years.
I do think the low price means downside, although it exists is limited and i also like the fact they have a good cash balance.
it does seems good value, the question is will it become better value
great management, board=great company, page-36
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Last
34.0¢ |
Change
0.015(4.62%) |
Mkt cap ! $413.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 33.0¢ | $1.090M | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42619 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 411301 | 5 |
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| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |