MGX is looking oversold and IMO everyone is looking for the SP bottom before they buy. SP will most likely jump 10% - 20% fast when the pack arrives in fear of missing out.
On a positve note with the IO sector currently out of favour a cashed up MGX should be able to pick up a cheap IO project in this current market. Even FMS is $150 million cheaper this week than they were last week so perhaps FMS could be a nice buy if the Russian TO fails to eventuate. IMO.
great management, board=great company, page-39
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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 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |