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
43.3¢ |
Change
-0.008(1.70%) |
Mkt cap ! $526.9M | |||
| Open | High | Low | Value | Volume |
| 44.0¢ | 44.0¢ | 43.0¢ | $275.2K | 633.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 1134529 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 203544 | 47 |
View Market Depth
| Last trade - 14.02pm 10/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |