All of us(me included)are "head over heels" with MYG and for very sound reasons.We are all perplexed that the SP is anywhere else except where it should be.No one has the answer
and nor do I.However a return to simple basics could be
illuminating-i.e.the vagaries of the market.We do our sums take a rational view and wonder why it is not happening
(enough anyway).Most other players however do not do their sums-they are driven by sentiment only and cause the market in the short to medium term to behave irrationaly(long term is a different matter).The vagaries of the market are many
but I suspect that in this context the head wind we are
facing is that the good news(i.e.MYG)is relatively new and has not had the time to stand out from the crowd, make a splash and put itself on the map(ignore the pun).It is a matter of promotion and we should all have every confidence
that the excellent management of this company will see to this most effectively.In the mean time(and it will probably
be short)I will remain delighted to have this opportunity to keep on accumulating.Just a final thought-if the market
was always rational then "smart money"would seriously
struggle to exist.I am aware that all of which I have said
is already known by all of you.Just re-visiting simple basics for what it might be worth.Thanks for your
indulgence and if you are bored rigid I would be the first to understand why.Isn't MYG just a gem!
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Last
87.0¢ |
Change
0.010(1.16%) |
Mkt cap ! $78.78M |
Open | High | Low | Value | Volume |
87.0¢ | 87.5¢ | 87.0¢ | $14.45K | 16.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 82.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
87.0¢ | 5780 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3000 | 0.820 |
2 | 4234 | 0.810 |
2 | 7546 | 0.800 |
1 | 253 | 0.790 |
2 | 6570 | 0.770 |
Price($) | Vol. | No. |
---|---|---|
0.870 | 5780 | 1 |
0.890 | 1198 | 1 |
0.900 | 2098 | 2 |
0.980 | 11220 | 2 |
0.990 | 5000 | 1 |
Last trade - 15.55pm 16/05/2024 (20 minute delay) ? |
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MYG (ASX) Chart |