This is probably MacBank finding a willing seller to satisfy institutional buying orders.
We are fortunate that the bank is such a long standing supporter of MGX.
Regarding it's buy reco's at much higher prices many years ago (1990's?), this was prior to the wall collapse at K.I.
GLTAH
Macquarie upgrades target price to 55c, but should be more like 70+ cents, page-23
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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 |
View Market Depth
| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |