Consolidation for a company is bloody mayhem, How I see it. It literally is the legal way to steal people's wealth… while making them richer… Sure, it gives a nice 'visual' outlook for the company as it's supposedly trading in the 0.1 rather than 0.02 therefore getting international investors engaged, but for the people whom are here for the long term, you're going to feel crap after getting money taken from you.
All commodities are going to stay at large for the current times. There's going to be a bullish rally among all commodities I reckon but not for the 'long term' but rather the 'short term' during these recession times. Having the labour party that's very green nurtured, sure this company will comply well, but what are the percentages, what are the chances of this getting complete funding till the end of this year? As rate hikes go higher, as money is not given out easily overtime.
As someone said earlier about how quantitative is better rather quality atm which is completely true, quality only works for a VERY LONG TERM, DECADES. While a large quantity gives more opportunities to make money and can be consistent.
When we make money, we want consistent, consideration of the recession that's going on, therefore MGT doesn't qualify these rules of making money.
- Forums
- Charts
- MGT share price
Consolidation for a company is bloody mayhem, How I see it. It...
-
- There are more pages in this discussion • 2,384 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGT (ASX) to my watchlist
(20min delay)
|
|||||
Last
19.0¢ |
Change
0.010(5.56%) |
Mkt cap ! $19.44M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 19.0¢ | $476 | 2.504K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 3388 | 18.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 13879 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 3388 | 0.185 |
5 | 95689 | 0.180 |
3 | 56500 | 0.170 |
2 | 4400 | 0.165 |
1 | 20000 | 0.160 |
Price($) | Vol. | No. |
---|---|---|
0.190 | 13879 | 2 |
0.195 | 74058 | 2 |
0.200 | 19530 | 2 |
0.220 | 3773 | 1 |
0.250 | 3120 | 1 |
Last trade - 14.38pm 11/09/2024 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |