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 :)
Hey guys,Here a copy of a post i wrote on mqg 1 month ago approx...
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Last
$199.03 |
Change
2.530(1.29%) |
Mkt cap ! $76.22B | |||
| Open | High | Low | Value | Volume |
| $197.71 | $199.03 | $196.45 | $296.9M | 1.511M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4675 | $198.63 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $199.03 | 9713 | 4 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MQG (ASX) Chart |