For me this is under valued now and sitting in a buy zone due the recent lows of 40 and high 50 high.
question is how much and when do buy for the biggest value? I’m guessing it will bounce off 49 if it gets there. That would make it only a 500M market cap stock.
pressure on the buy side with the sell side currently stacks. Games a side I think a mid 40 buy would be fantastic for a 6-12m investment horizon. Thoughts?
MGX Chart/Technical Analysis, page-227
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Last
40.5¢ |
Change
-0.015(3.57%) |
Mkt cap ! $492.0M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 40.5¢ | $655.7K | 1.597M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 166958 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 31818 | 5 |
View Market Depth
| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |