MYG 6.21% 94.0¢ mayfield group holdings limited

recipe

  1. 266 Posts.
    ASX : MYG

    Start with continous missed timelines, add a pretty strong DFS and impending finance (if you have a few banks that are jockeying, they can also be added at this time).

    Next, add a handful of traders and frustrated investors, leave to sit for a few days.

    Add in a few pretty pathetic and very cheeky targets (for shares and options) that completly contradict previously made statements. Leave this until it becomes paranoid, you'll know when it's just right. That'll be the point where sellers dump into the support in between 10 - 11.5 for no real reason other than they have lost a bit of trust and goodwill.

    Next, add a few more cheeky posters that are making it even worse than what it is in the hope of getting extra a few shares of options even cheaper and then add a few great announcements of an offtake or whatever you like.

    Place in oven, leave to bake and pray. Don't worry about the timeframes on getting it out unless you have some control of things going on around you and can actually deliver on them.

    Optional addition: wake up to yourself and hop on BRR to give holders and now non-holders an update. Talk about finance and explain why the interest costs are so low in the DFS i.e. are you keen on a gold loan and finance package? Has MYG entered the $70 million dollar OZ lotto draw tonight? Give us an indication of what the hold up is with the permits, White Well and whatever else isn't coming to mind at the moment.
 
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Last
94.0¢
Change
0.055(6.21%)
Mkt cap ! $81.40M
Open High Low Value Volume
91.0¢ 94.0¢ 89.0¢ $10.85K 11.97K

Buyers (Bids)

No. Vol. Price($)
3 2265 89.0¢
 

Sellers (Offers)

Price($) Vol. No.
94.0¢ 6222 1
View Market Depth
Last trade - 11.20am 16/08/2024 (20 minute delay) ?
MYG (ASX) Chart
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