Yes, it was a pleasant surprise to see an 11% jump.
I think your strategy of accumulating at lower prices is very sound. There's lots of noise and disappointment expressed when nothing is happening, but that is how markets operate. We care about the markets, but they don't care about us. So you have to play them at their own game by
a) finding a stock that can ride out the storm
b) being prepared to wait, knowing that sentiment will surely change for the better in due course.
I like the fact that MYG leadership says it will do something and does it on time, unless outside of its control. I like its growing resource. I like the fact that the resource price still (in my opinion) has a long way to rise over the years to come.
I understand that there are risks, but each hurdle is being jumped and I suspect that this stock has a long way to rise as yet.
I suspect that 2012 will be a horrible year for equity markets, which won't help, but if the DFS is successful, finance is arranged and we come into production in 2012, then we are on a real winner here.
Happy New Year to one and all - the MYG happy band of brothers!
- Forums
- ASX - By Stock
- huge chomp
Yes, it was a pleasant surprise to see an 11% jump. I think your...
Featured News
Add MYG (ASX) to my watchlist
(20min delay)
|
|||||
Last
81.0¢ |
Change
-0.010(1.22%) |
Mkt cap ! $74.08M |
Open | High | Low | Value | Volume |
81.0¢ | 81.0¢ | 78.0¢ | $16.65K | 21.12K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5000 | 77.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
81.0¢ | 5546 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37000 | 0.770 |
1 | 1310 | 0.760 |
1 | 25000 | 0.745 |
1 | 6000 | 0.720 |
1 | 60000 | 0.605 |
Price($) | Vol. | No. |
---|---|---|
0.810 | 5546 | 1 |
0.815 | 3724 | 1 |
0.820 | 3687 | 1 |
0.830 | 15839 | 1 |
0.850 | 5058 | 1 |
Last trade - 15.41pm 09/08/2024 (20 minute delay) ? |
Featured News
MYG (ASX) Chart |