Agree.
In which case this will not go for a run until the big boys have soaked all that the weak hands have to offer. Probably a lot of retail deciding to look elsewhere for dividends / follow other stocks that have momentum (there are a few momentum stocks out there at the moment).
I am happy to patiently sit and wait - not many stocks this end of the market printing the sort of positive cashflows that MGX is doing at the moment. Eventually that money will "talk" in one way (divs / capital return) or another (investment into other assets).
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $252.7K | 971.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 99998 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 195671 | 9 |
View Market Depth
| Last trade - 16.10pm 24/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |