I picked up another 380,000 on close. I was waiting for the index manager exit and figured volume would move marginally down.
I am now set. these index rebalances can provide great entry opportunities, I remember when Pru was thrown out of the index it dropped 30% during the match only to recover the losses plus some within a week. it was pleasing to see demand pop up to soak up supply.
Keep an eye on the USD IO price as every week it stays there means about 700k-800K cash flow for MGX
MGX -> 19 bid -> breakout?, page-94
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 (20min delay)
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Last
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $296.8K | 964.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 242807 | 6 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
