I have been reading up on this stock and have read a lot of comments on this forum - is this stock really worth the trouble holding?
+ Management seem a little slow on the uptake in regard to hedging.
+ Fair value of 25c (66% gain from current price) - however this may only be reached early next year if things go to plan). Could this hit $4 medium term?
+ China options seem promising
+ Hopefully the dredging of the port will be finished October
+ Is production in operation now?
I got to do more research but I think this stock is one to be patient with - hopefully will pick up late october (or sooner).
is this stock worth the trouble?
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Last
32.5¢ |
Change
0.015(4.84%) |
Mkt cap ! $395.9M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.5¢ | 31.0¢ | $1.234M | 3.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 109416 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 27921 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |