Hi guys,
There’s been a few posts recently about upside/downside for MYG, and I wanted to hear people’s views on potential risks for MYG. I know junior goldies have been hammered a bit recently, but I still can’t believe a near term gold producer such as MYG only has a market cap of $30M. Is it just general rubbish market sentiment, or are there some significant risks I haven’t considered?
Is it finance, metallurgical issues with the gold, did the last owner sell for other reasons, etc etc etc.
Or am I worried about nothing substantial and I should sit back and enjoy the next 12 months or so....
Would welcome some esteemed HC poster’s views on this.
Cheers
TB
risks
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Last
88.5¢ |
Change
0.035(4.12%) |
Mkt cap ! $80.95M | |||
| Open | High | Low | Value | Volume |
| 87.0¢ | 97.5¢ | 86.5¢ | $70.09K | 78.57K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11299 | 88.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 2000 | 1 |
View Market Depth
| Last trade - 15.58pm 14/08/2024 (20 minute delay) ? |
| MYG (ASX) Chart |