For those brave enough not to be influenced by 'Mr Market' the current depression in MCE's share price has provided a wonderful opportunity for investors to buy an extraordinary business with incredible prospects at a fair price.
Not a bargain price, a fair price.
I wrote shortly after the recent CR that the price of MCE's shares would surge. In the immediate term I've been proven wrong although the reasons I gave are still as valid now as they were then and I expect MCE to be re-rated when the market comes to its senses.
Today I bought more shares at $8.18 after receiving money returned to me by Vocus. In the short term the share price will likely dip lower than my purchase price although in the longer term I believe this purchase price will represent excellent value.
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Last
31.5¢ |
Change
0.003(0.80%) |
Mkt cap ! $69.15M |
Open | High | Low | Value | Volume |
29.5¢ | 31.5¢ | 29.5¢ | $15.76K | 51.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1620 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 3557 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 110000 | 0.300 |
2 | 14995 | 0.290 |
1 | 8500 | 0.285 |
1 | 6500 | 0.280 |
1 | 10000 | 0.265 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 3557 | 1 |
0.340 | 3649 | 1 |
0.345 | 12762 | 1 |
0.350 | 98847 | 3 |
0.360 | 30000 | 1 |
Last trade - 15.59pm 12/09/2024 (20 minute delay) ? |
Featured News
MCE (ASX) Chart |