Once there is clarity either acquisition or mining existing satellite sites or continuing to mine Koolan beyond 2026 - will continue to trade sideways. In addition hint of interest rates reduction and dividend payout this will shoot.
Agree valuations are much better today than they were in 2019 when it reached $1.30.
MGX Chart/Technical Analysis, page-244
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $444.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 36.3¢ | $395.4K | 1.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 193636 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |