Nothing wrong with MGX. I have actually just sold out of my quite substancial holding, having bought in at 60c originally. Only reason I have sold is to buy more GBG, TTY, RCH and JPR to set for the next 24 months.
MGX should still do well but in my view the above will do far better over this time frame. Certainly GBG will. I have had GBG since 13c and bought more last week at $1.36.
You could do a lot worse than to hold MGX for the long term. They are a producer and a known quantity.
why is mgx floundering, page-8
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $389.8M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.3¢ | 31.5¢ | $573.0K | 1.773M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 20341 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 88787 | 23 |
View Market Depth
| Last trade - 13.51pm 23/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |