Report shows $8M positive cash flow which is better than Auto's estimate, but cash balance still only $345M. Outlook is positive but not much on new project (although I note the MD's comment from conference call).
Interesting response from market - bid/ask was 19.5/20.0 at open, but now 20.0/21.5 - so seems like a few sellers have re-assessed their positions & pulled their orders.
Cheers, Sharks.
under valued, page-73
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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 |
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| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
