The stock market is a mechanism designed to transfer wealth from the impatient to the patient ... sometimes.
Look at this way - MDX was around 10c back in February. Since then the world``s stock markets have fallen out of bed and it is now North of 30c having just raised about $10mn through option maturities that were 97% taken up.
Patience has worked for me so far with MDX and there is lots more to come.
Those of us who have been holding MDX for a while have been somewhat imune to the global market meltdown.
Patience wins in this case - plus think of the brokerage ... there isn`t any.
EB
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Last
3.8¢ |
Change
-0.007(15.6%) |
Mkt cap ! $96.29M | |||
| Open | High | Low | Value | Volume |
| 4.3¢ | 4.3¢ | 3.8¢ | $18.44K | 459.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 148989 | 3.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.6¢ | 103346 | 2 |
View Market Depth
| Last trade - 15.28pm 03/12/2024 (20 minute delay) ? |
| MDX (ASX) Chart |
