Guys, Firstly I feel for all the holders of MQG. I don’t mean to come on board with my first post being negative but I have just gone through this with BNB and lost a considerable sum.
I was watching a technical analyst on TV last night predicting MQG would see $18. Not that interesting except for the fact he called a $34 SP for MQG when it was well over $50.
Even more disturbing he called a drop in the ASX200 to somewhere between 3700-4300 by OCT/NOV. Then a rally to 6000 by March.
I also just received an email for a broker who is always extremely positive especially in resources. After reading the email, I got the feeling that the sky is going to fall.
I believe in the MQG, even more so than BNB and I am still heavily invested in BNB, but if you are leveraged don’t think it’s not possible that it will not go lower. Your much better taking a smaller hit now so that you can recover when the SP finally climes back up.
Good luck, hope she comes back tomorrow.
JMODYOR
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- on way to 10 dollars
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Last
$229.30 |
Change
0.570(0.25%) |
Mkt cap ! $87.51B |
Open | High | Low | Value | Volume |
$227.99 | $230.18 | $226.16 | $55.40M | 242.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 59 | $229.30 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$229.40 | 116 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 48 | 229.250 |
1 | 11 | 229.240 |
1 | 5 | 229.230 |
2 | 50 | 229.220 |
2 | 40 | 229.210 |
Price($) | Vol. | No. |
---|---|---|
229.310 | 95 | 14 |
229.320 | 11 | 3 |
229.330 | 27 | 4 |
229.340 | 62 | 6 |
229.350 | 13 | 2 |
Last trade - 15.58pm 08/10/2024 (20 minute delay) ? |
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MQG (ASX) Chart |