Pactolus
Late response
Macbank had a PT on MGX of 19c while they traded at 19c with cash at 32c . The day MGX got the insurance payout ( which they totally ignored in their valuation ) they upgraded it to 30c , which was a little late given it has already jumped to 25c
So in this case Macbank research on MGX was laughable . The analysts are very lazy and the fact they didn't even give a risked value for the impending insurance payout was very poor
I suspect they kept recommending it all the way up to the 40s and 50s ?? Don't know if they did but would not surprise me
Pactolus Late response Macbank had a PT on MGX of 19c while they...
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
