MMS was trading at $18.6 before this news with moving averages at $16ish
According to these articles only around 30% of the revenue stream (may) be affected which equates to a fair value of
$18.6 to $13 = 30% drop
instead a massive
$18.6 to $8.8 = 52.5% drop occurred today from highs
Not only is it already oversold from (margin calls, stop losses and lack of understanding ) but these changes won't even be implemented if the coalition wins the election so from current price it's a win/win situation IMO
$11-$12 should be very achievable in next couple days
http://www.businessspectator.com.au/article/2013/7/25/automotive/bet-election-trade-mcmillan?utm_source=exact&utm_medium=email&utm_content=361604&utm_campaign=kgb&modapt=
http://www.businessspectator.com.au/article/2013/7/25/industries/all-mcmillan-shakespeare
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- no brainer
MMS was trading at $18.6 before this news with moving averages...
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Last
$15.50 |
Change
0.200(1.31%) |
Mkt cap ! $1.079B |
Open | High | Low | Value | Volume |
$15.30 | $15.73 | $15.30 | $1.595M | 102.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 73 | $15.49 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.50 | 1184 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 73 | 15.490 |
1 | 646 | 15.460 |
1 | 756 | 15.450 |
1 | 756 | 15.430 |
1 | 756 | 15.410 |
Price($) | Vol. | No. |
---|---|---|
15.500 | 1184 | 3 |
15.550 | 756 | 1 |
15.570 | 756 | 1 |
15.590 | 756 | 1 |
15.610 | 756 | 1 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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