I had a shovel and filled. Seemed like the fire sale yesterday was totally extreme. Whilst yes the news wasn’t fandangals it seemed the fear of losing everything compelled those to do what all good panic sellers do! I think rationale will resume for the rest of the the year and should settle around $25.
That seems about a reasonable base for the new year. If MFG pick up some new business, well to return to $60+ is a 300% return from here.
But for now lets just keep really focused on all the negatives for a lil longer
Undervalued & technically oversold, page-33
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Last
$9.53 |
Change
0.380(4.15%) |
Mkt cap ! $1.722B | |||
| Open | High | Low | Value | Volume |
| $9.26 | $9.56 | $9.21 | $10.52M | 1.113M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2000 | $9.48 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.55 | 4895 | 3 |
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| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MFG (ASX) Chart |