Looking pretty strong here:
Overseas, Harley Davidson and FOX stock just broke out to new highs on high volume from intermediate bases. Both are actually worth a buy too, IMO:
PROS:
* Growing revenues in pretty much every sector of the business
* Good lead from large overseas stocks in the same sector
* Depreciating USD likely to proffer tailwinds for MTO
* Zero bank debt
* Growing EBITDA
* Favourable macro outlook for OZ (high employment, asset price inflation)
CONS:
* Demand may get too hot and have supply issues going forward
PLAYBOOK:
* Buy some now and buy more on a breakout
* Target price: $5+
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 (20min delay)
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Last
$3.53 |
Change
0.080(2.32%) |
Mkt cap ! $260.5M | |||
| Open | High | Low | Value | Volume |
| $3.46 | $3.53 | $3.38 | $463.8K | 133.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1296 | $3.49 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.53 | 3491 | 1 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MTO (ASX) Chart |