Patience is the key. You can only print cash for so long until someone realises.
This reminds a lot of FMG around 2017/2018. (much smaller scale) The were printing billions and were unloved, then bang almost overnight. Naturally MGX need to find further assets to develop but the cash is accumulating.
Half Year P&L prediction, page-37
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 (20min delay)
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Last
45.0¢ |
Change
-0.005(1.10%) |
Mkt cap ! $546.6M | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 44.5¢ | $341.5K | 759.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 195138 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 108443 | 2 |
View Market Depth
| Last trade - 16.10pm 27/05/2024 (20 minute delay) ? |
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Last
44.8¢ |
Change
-0.005 ( 0.56 %) |
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| Open | High | Low | Volume | ||
| 45.0¢ | 45.3¢ | 44.8¢ | 435061 | ||
| Last updated 15.59pm 27/05/2024 ? | |||||
| MGX (ASX) Chart |