We can't read people's mind, especially when sitting alone in front of a computer. But here is what I think will happen :
The max. number of shares to get was 187.500 . As it was oversubscribed, let's assume everyone would get 150.000 to cover the "worst case scenario" for those who are afraid of a sell-off.
The lowest price should be 10c, but I believe it won't get down that low, rather min. at 12c, if.
There will be some selling, but how many people and how many shares, we don't know.
And there will be a lot waiting to get those cheaper ones.
As MYG is not a stock with a lt down but up trend I think there will be enough buyers, like me, ready to absorb anything that's on offer.
The game will be at what price. It will be very exciting to see the opening juggleing and the following trades during the first hour. Then we may see the sp settling and in the near future going up further.
I have bought some MYGOA's today as we never know how the market will react. According to today's heads the oppies are at great value. Could be different tomorrow, who knows.
But I think the biggest fear driven sell-off happend yesterday, that's why I bought back few. Not to forget, Gold price is above / about US $ 1400.
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Last
84.0¢ |
Change
0.020(2.44%) |
Mkt cap ! $76.83M |
Open | High | Low | Value | Volume |
84.0¢ | 84.0¢ | 84.0¢ | $4 | 5 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 79.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
83.5¢ | 14895 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6000 | 0.795 |
1 | 3153 | 0.770 |
1 | 5000 | 0.765 |
1 | 450 | 0.760 |
1 | 1985 | 0.750 |
Price($) | Vol. | No. |
---|---|---|
0.835 | 14895 | 2 |
0.840 | 9995 | 1 |
0.880 | 8000 | 1 |
0.885 | 14128 | 1 |
0.900 | 2300 | 1 |
Last trade - 10.11am 16/09/2024 (20 minute delay) ? |
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