tcruicks, I think you are confusing the company with the valuation. There is little doubt that MCE is a great company, what I am saying is that it is over-valued.
While momo investors may keep the price heading north for a while, value investors should see there is no MoS and despite it being a great company downside comes from a share price that has got ahead of itself.
Still, different opinions is what makes a market and in the short term you'll probably be more right than me.
All the best, I hope MCE continues to outpeform.
you gotta know when to fold them, page-3
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Last
23.0¢ |
Change
-0.005(2.13%) |
Mkt cap ! $72.45M | |||
| Open | High | Low | Value | Volume |
| 23.5¢ | 23.5¢ | 22.0¢ | $55.45K | 242.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 113179 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 28075 | 2 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| MCE (ASX) Chart |
