Mainstream investors are piling into the large caps, even though much of the upside in commodity prices is already priced in.
The next wave of money will flow into the small to medium caps, which are way undervalued. The smart money is already there.
Analysts are very slow to update their guidance, particularly at the smaller end of town.
Mainstream investors are piling into the large caps, even though...
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 30.3¢ | 30.3¢ | 29.5¢ | $186.2K | 623.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 161795 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 151730 | 4 |
View Market Depth
| Last trade - 16.10pm 18/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |