I think in the short term, this will be very volatile. Its also late to the party, and you would have noticed ago, bci all fly and this at here for two months (around 33-36 cents).
It's why I liked this initially, long term stock but less volatility.
But hey, now its retracting such like AGO, BCI. Not sure if it has hit bottom, I still think is will be pushed down o the 36 cents mark again but who knows.
Granted its strength, Id still value this around the 48-52 cent mark, and even one of the analysts valued is at 55.
Going to have to see how this goes in the next 6 months. Patience is what is needed and firm set kahunas atm.
Value Opportunity, page-29
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Last
30.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 30.0¢ | $186.2K | 608.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 224207 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 283512 | 16 |
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| MGX (ASX) Chart |
