They are sitting on literally billions of govt gteed depositors cash. Anyone that compares Mac to BNB or AFG is an idiot. People who say "the model" is broken are just parroting some low-rent journos.
Share price is a result of schoolfish sentiment and panic, not fundamentals. Just like many other stocks here and overseas, there is only a tenuous link between stock value and true value.
When the big bounce eventually comes, Mac will head for the moon.
mayday mayday....help, we are sinking, page-36
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Last
$227.82 |
Change
2.910(1.29%) |
Mkt cap ! $86.07B | |||
| Open | High | Low | Value | Volume |
| $224.84 | $228.81 | $224.23 | $29.27M | 128.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 56 | $227.80 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $227.89 | 7 | 1 |
View Market Depth
| Last trade - 13.35pm 07/10/2024 (20 minute delay) ? |
| MQG (ASX) Chart |