Maq is quite illiquid at times so its hard to know whats going on half the time , someone sells a lot and it overshoots on the downside which i believe what happened during the last 6months but now we have clawed some of that back. Is it worth buying some more , under $9 is still looking good value , i tried to get some in the low to mid 8 level today but no takers.
Agree with you that Maq is better value compared to Nxt . Not selling Maq for now as valuation is low and cashflow high, new data centre opening soon and hopefully ITC3 and ITC4 to be filled with Government applications. Maq share price could see previous highs and still not be overpriced, but market volatility will prevent a run straight up.
Im in Mlb as well but its caught in some selling at the moment , which i believe is related to a substantial holder selling last lot rather than earnings related. Aus dollar not helping Mlb either but div is good and valuation of Mlb isnt high so not much downside there.
MAQ Price at posting:
$9.01 Sentiment: Buy Disclosure: Held
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