How to buy Mejority Capital shares | A$0.07

Finexia Financial Group Limited is a capital markets business based in Australia. Mejority Capital shares (MJC) are listed on the Australian Securities Exchange (ASX) and all prices are listed in Australian Dollars. Its last market close was $0.07 – the same closing value as a week prior. Mejority Capital has a trailing 12-month revenue of around $2.1 million.

How to buy shares in Mejority Capital

1. Compare share trading platforms. To buy shares listed in Australia, you'll need to sign up to a broker with access to the Australian Securities Exchange (ASX). Our table below can help you choose.
2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and tax file number. Fund your account with a bank transfer, PayPal or debit card.
3. Search for Mejority Capital . Find the share by name or ticker symbol: MJC. Research its history to confirm it's a solid investment against your financial goals.
4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Mejority Capital reaches your desired price. To spread out your risk, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
5. Decide on how many to buy. At today's price of $0.07, weigh your budget against a diversified portfolio that can minimise risk through the market's ups and downs.
6. Check in on your investment. Congratulations, you own a part of Mejority Capital . Optimise your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

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How has coronavirus impacted Mejority Capital 's share price?

Since the stock market crash in March caused by coronavirus, Mejority Capital 's share price has had significant positive movement.

Its last market close was $0.07, which is 50.00% up on its pre-crash value of $0.035 and 311.76% up on the lowest point reached during the March crash when the shares fell as low as $0.017.

If you had bought $1,000 worth of Mejority Capital shares at the start of February 2020, those shares would have been worth $571.43 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,000.00.

Mejority Capital share price

Use our graph to track the performance of MJC stocks over time.

Mejority Capital shares at a glance

• Key figures

Information last updated 2020-09-26.

Latest market close	AUDA$0.07
52-week range	AUDA$0.016 - AUDA$0.07
50-day moving average	AUDA$0.0538
200-day moving average	AUDA$0.0321
Target price	N/A
PE ratio	N/A
Dividend yield	N/A (0%)
Earnings per share (TTM)	AUDA$-0.009

Share Trading Account Offer

IG Share Trading Offer

AUD 8

Standard brokerage - Australian shares

Share Trading Account Offer

Competitive broker fees on Australian and international shares

• Brokerage - AU shares: From AUD 5 or 0.05%
• Brokerage - US shares: USD 0
• Sign-up process: Instant
• Support - After hours: Yes

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Important: Share trading carries risk of capital loss.

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The value of your investments can fall as well as rise and you may get back less than you invested. Past performance is no indication of future results.

Is it a good time to buy Mejority Capital stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

Technical Analysis of Finexia Financial Group Limited by TradingView

Mejority Capital price performance over time

Historical closes compared with the close of A$0.07 on 2020-10-20

1 week (2020-10-13)	0%
1 month (2020-09-18)	40.00%
3 months (2020-07-20)	133.33%
6 months (2020-04-20)	218.18%

1 year (2019-10-18)	311.76%
2 years (2018-10-19)	133.33%
3 years (2017-10-20)	366.67%
5 years (2015-10-20)	-22.22%

Mejority Capital financials

Revenue TTM	$2.1 million
Gross profit TTM	$1.5 million
Return on assets TTM	-11.79%
Return on equity TTM	-17.25%
Profit margin	-25.35%
Book value	0.025
Market capitalisation	$7 million

TTM: trailing 12 months

Mejority Capital share dividends

We're not expecting Mejority Capital to pay a dividend over the next 12 months.

Have Mejority Capital 's shares ever split?

Mejority Capital 's shares were split on a 1:700 basis on 17 August 2010. So if you had owned 700 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Mejority Capital shares – just the quantity. However, indirectly, the new 69900% higher share price could have impacted the market appetite for Mejority Capital shares which in turn could have impacted Mejority Capital 's share price.

Mejority Capital share price volatility

Over the last 12 months, Mejority Capital 's shares have ranged in value from as little as $0.016 up to $0.07. A popular way to gauge a stock's volatility is its "beta".

Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Mejority Capital 's is 0.6404. This would suggest that Mejority Capital 's shares are less volatile than average (for this exchange).

Mejority Capital overview

Mejority Capital Limited provides corporate advisory, funds management, and wealth management services to retail, wholesale, and corporate clients in Australia and Hong Kong. The company offers investment solutions, including international equities, bespoke funds management structures, fixed income, over the counter derivatives and structured products, exchange traded options, hybrid securities, access to equity and debt capital raisings, international asset management solutions, trade execution platform services, cash management services, and prime finance and securities lending solutions. It also provides a suite of markets and securities services, such as broking services for private clients, institutional dealing, local and international equities trade execution, margin lending, equity derivatives, options strategies, and access to IPOs and share offers; and prime brokerage solutions comprising direct market access trade executions services, prime custody clearing of multi-asset classes, securities financing, structured trades and financing, capital introduction and consulting, reporting technology, and asset protection services. In addition, the company offers corporate advisory services related to IPO's and capital raisings, corporate restructuring, mergers and acquisitions, debt structuring, valuations, strategic advice, equity capital markets, and private advisory; and asset management services, including services to external asset managers, solutions for internal asset management, segregated portfolio platform for wholesale investors and fund managers, investment management services, trading infrastructure, and investor mandate protection and confidentiality, as well as operational, legal, and compliance services. The company was formerly known as Bridge Global Capital Management Limited and changed its name to Mejority Capital Limited in May 2016. Mejority Capital Limited was incorporated in 2003 and is based in Sydney, Australia.

Frequently asked questions

• What percentage of Mejority Capital is owned by insiders?

  Currently 71.504% of Mejority Capital shares are held by insiders.

• When does the fiscal year end for Mejority Capital ?

  Mejority Capital 's fiscal year ends in June.

• Where is Mejority Capital based?

  Mejority Capital 's address is: 49-51 York Street, Sydney, NSW, Australia, 2000

• What is Mejority Capital 's ISIN number?

  Mejority Capital 's international securities identification number is: AU000000MJC5