MGX went from 36 to 56 within 2 weeks after it was held below 40 for a lengthy period. once it hit 40 it has gone up 40%. Perhaps the same is about to occur with GRR whereby after being capped for so long, it is due to rise a further 40-50% within a short period of time. If you take the market cap and deduct the cash, receivables and inventory this stock is being valued below $100 million. Seems a bit strange since they are likely to make more than that in annual profit based on current prices.
MGX went from 36 to 56 within 2 weeks after it was held below 40...
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Last
36.0¢ |
Change
-0.010(2.70%) |
Mkt cap ! $416.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 36.5¢ | 35.5¢ | $621.5K | 1.727M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 46745 | 35.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.0¢ | 45534 | 3 |
View Market Depth
| Last trade - 16.10pm 10/07/2024 (20 minute delay) ? |
| GRR (ASX) Chart |