And if you go back and look at the SP history of FEX and MGX over the last two years you will find that MGX was always above 2x FEX share price. That would should equate to 54c based on FEX current SP. So why is this down nearly 20% from where it really should be in this macro backdrop.
And if you go back and look at the SP history of FEX and MGX...
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $534.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.5¢ | $178.2K | 404.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 240727 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 436449 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
44.0¢ |
Change
0.005 ( 0.57 %) |
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| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 123351 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| MGX (ASX) Chart |