Had the same experience with RRLO. Went from over $1 to around 1.7c then took off. First 100 bagger. Hope we dont see that sort of downside first! that was back when naked shorting was still around. RRL went down to 7c from memory, too.
MYG is not RRL, of course, but JG has compared MYG to them in public presentations; Canary Events for one. From memory, said in his opinion the price should get to over $2.
Like I believe everything a company rep. says, but the drill res. etc look compelling to me. As to why some people are selling every time there is a good or great announcement,and in between, who knows, but it looks to me like a group selling around each other to drive or hold the price down & shake as many as they can out of the stock.Been there before.
I am just another punter! Do your own research before investing your HARD EARNED!!
Had the same experience with RRLO. Went from over $1 to around...
Add MYG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
72.0¢ |
Change
0.010(1.41%) |
Mkt cap ! $65.85M | |||
| Open | High | Low | Value | Volume |
| 72.0¢ | 72.0¢ | 72.0¢ | $7.257K | 10.07K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8750 | 69.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 72.0¢ | 1403 | 1 |
View Market Depth
| Last trade - 11.02am 10/07/2024 (20 minute delay) ? |
| MYG (ASX) Chart |