The stock continues to move down. In a solid downtrend.
What's the point of announcing ships and even cash per month. The market doesn’t care that MGX is making money and is sitting on a war chest.
No one wants it. We are stuck with a dud company.
Only chance for this to go up 3%. Is the following-
1. Iron ore price back over US$200. Probably in 2028.
2. a take over. Not going to happen.
3. Announces an extension to Koolan island life. Doubt it, as they said it becomes physically difficult because of the soil batters.
4. A lucky lucrative purchase of a distressed company close to production.
The stock continues to move down. In a solid downtrend. What's...
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 43.0¢ | 42.0¢ | $1.114M | 2.637M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 293747 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 12140 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
42.5¢ |
Change
-0.005 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 43.0¢ | 43.0¢ | 42.0¢ | 316250 | ||
| Last updated 15.59pm 31/05/2024 ? | |||||
| MGX (ASX) Chart |