As you can observe I'm having a swipe at our markets. What I also find amusing is that there is a possibility of a market correction based on what the market experts believe - what market correction? we have been in it for the last 10 years - give me a break please lol.
Here we have a stock like mgx $500 million in the bank profitable - no debt - iron ore price reasonably high and yet the market is still valuing the company at book value.
Could you imagine if it had debt making losses year on year?
Aussie Stocks are Pathetic, page-4
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.0¢ | $350.5K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 127764 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 302574 | 6 |
View Market Depth
| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
