I incorrectly assumed you held none, so in that case no rush to pick up more stock right now.
My approach has been to wait for reporting (we just had one) then give her a little time (2-3 months) for any steam to come out of the price, she has in the past drifted down over those periods in between reporting with not much exciting news to fill the void. It's a fairly boring business I guess.
So, I guess I'm revising my previous suggestion from buy to "wait" given you already enjoy holding the stock & probably want to maximise the value of any stock added now.
It wasn't long ago I added a few around $2.50 this was after she ran to about $2.80-$2.90 following strong results.
Again just my 2c worth and this is my personal plan with MPL. Longer term this could be huge but we will see.
I incorrectly assumed you held none, so in that case no rush to...
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Last
$3.89 |
Change
0.005(0.13%) |
Mkt cap ! $10.75B | |||
| Open | High | Low | Value | Volume |
| $3.89 | $3.91 | $3.87 | $3.964M | 1.019M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 33245 | $3.88 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.89 | 139134 | 57 |
View Market Depth
| Last trade - 11.11am 30/08/2024 (20 minute delay) ? |
| MPL (ASX) Chart |