No worries i just get sick of people trying to propagate fear... i also think the model is broken in an environment such as this, money just isnt as cheap anymore nor are the asset values on which MQG relies as robust... The company has cash and so can weather this better than others, but I cant see it turning the same profits of the last 10 years over the next 2 to 4 years at least. However if the company can pick up some distressed assets they might be able to restructure their strategy away from high leverage on to a more sustainable course... only then would you suggest this kind of model can work sustainably through booms and busts alike.
Good luck holders
on way to 10 dollars, page-10
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Last
$225.60 |
Change
1.575(0.70%) |
Mkt cap ! $86.08B | |||
| Open | High | Low | Value | Volume |
| $225.60 | $227.12 | $225.16 | $32.28M | 142.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 28 | $225.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $225.64 | 11 | 3 |
View Market Depth
| Last trade - 14.08pm 12/09/2024 (20 minute delay) ? |
| MQG (ASX) Chart |