I note that a large bid is aleady in the cue. Too large not to be respected. The sharp sell-off in gold and the closeness of the new issue might bring out some sellers.
From a technical view yesterdy's consolidation has brought the BB to 14. I don't like the price geeting too far ahead of this key indicator.
I suspect insto's are not yet in the stock to any large extent. After a road show the analysts pore over the information to ascertain the risks etc. Of course there is nothing astopping brokers buying on their own account.
todays trading
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Last
72.5¢ |
Change
0.060(9.02%) |
Mkt cap ! $66.09M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 75.5¢ | 66.0¢ | $40.21K | 57.38K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | 72.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 74.0¢ | 1200 | 1 |
View Market Depth
| Last trade - 13.38pm 21/06/2024 (20 minute delay) ? |
| MYG (ASX) Chart |