IMHO instos are buying because they now bullish on I/O and can see how profitable MGX will be on restart of KI
Samscout"s post sums it up very well.
https://hotcopper.com.au/threads/an....3227087/page-9?post_id=22642100#.WKd-uxJ96T8
Insto are not buying based on MAC bank's 55 cent target but a billion dollar potential MC
Macquarie upgrades target price to 55c, but should be more like 70+ cents, page-33
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 33.0¢ | $475.3K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 137710 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |