Been watching this one for a while.
On the charts its showing a sell with MACD breaking down and could go $2-2.10 before turning.
The thing is its super cheap at the moment.Currently trading on a forward pe of around 6 and a divvy of 9% for 2005 uf.
Im inclined to buy some here and put them in the bottom drawer and let the traders have their fun until the true value eventually shows itself in the stock price.
Mcr is another one id be keeping an eye on at these prices.
Been watching this one for a while.On the charts its showing a...
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Last
$1.98 |
Change
0.000(0.00%) |
Mkt cap ! $299.8M | |||
| Open | High | Low | Value | Volume |
| $1.97 | $2.00 | $1.96 | $971.9K | 488.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 20184 | $1.96 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.98 | 57975 | 3 |
View Market Depth
| Last trade - 15.47pm 16/09/2025 (20 minute delay) ? |
| MRE (ASX) Chart |