Hey guys,
Here a copy of a post i wrote on mqg 1 month ago approx just after the drop after announcement.
'Looks about right the drop, Doesn't seem overdone to me and i'm pondering puchasing today or in the low $30's. Hard to tell where it will go from here however i guess it depends if you think mqg will do full year of 800, 900, 1 mil or 1.1 mil. And who knows the answer to that... noone'
And for now:
Now for mqg to reach their target which from memory but don't quote me was 1-1.1 million, they would need to double first year profit in the 2nd half. i.e. make 600-700 million.
If i think they would be reach their most recent forecast i would be buying now but i think it's a stretch.
I would feel more comfortable below $32 at the moment but will wait and see i guess :)
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Last
$202.77 |
Change
-1.160(0.57%) |
Mkt cap ! $77.36B |
Open | High | Low | Value | Volume |
$203.39 | $203.39 | $201.62 | $32.49M | 160.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14 | $202.77 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$202.83 | 31 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 44 | 202.770 |
5 | 321 | 202.760 |
1 | 25 | 202.750 |
2 | 32 | 202.740 |
3 | 98 | 202.730 |
Price($) | Vol. | No. |
---|---|---|
202.810 | 164 | 4 |
202.830 | 56 | 3 |
202.840 | 25 | 1 |
202.850 | 25 | 1 |
202.860 | 35 | 2 |
Last trade - 13.30pm 26/06/2024 (20 minute delay) ? |
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MQG (ASX) Chart |