There are many companies on ASX with NO cash , huge debt, NO revenue and shareholders will never see any cash or revenue in the future but these companies are valued at multiple of MGX MC. Its just the game or ASX casino nothing to do with MGX. Patience required with this one IMHO and when you least expect or when you give up any hope and sold its usually the time when SP jump. The time will tell.
Half Year P&L prediction, page-13
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |