ASX at record heights.
MGX can’t even join the party today. How depressing.
I do recall the days when this stock was a darling of the ASX. I rode it from low teens to $3. Didn’t exit at the top but in the high 2s.
But now it has turned sour.
Unloved. Probably not on the top of any fund managers list of stocks to buy. And doesn’t pay a dividend.
The company should come out with an active plan for the use of its cash. Otherwise the risk it that no one ever sees it and they Squander it again.
MGX Chart/Technical Analysis, page-331
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $523.8M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 42.8¢ | $266.8K | 620.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 133625 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 79724 | 4 |
View Market Depth
| Last trade - 16.10pm 15/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |