The whispers are that China first qtr GDP on 15 April is going to be huge, on track for 7.9%+ for the year. If predictions are true, that will push all the iron ore companies back up and soon the banks will also pay out their dividends after rallying 30%. The swap out of financials and back into mining stocks is coming in the next month, maybe sooner if they want to frontrun the falls in bank stocks.
The super tax of 15% for income over 100k also favours growth companies... ie mining stocks. Baby boomers will try to make income up to 100k & the rest come from capital gains.
The above relates to all mining stocks, not just MGX. You can sit back scared and miss it, or take a position & profit from these bargain prices.
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34.0¢ |
Change
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Mkt cap ! $413.9M |
Open | High | Low | Value | Volume |
33.0¢ | 34.0¢ | 33.0¢ | $1.090M | 3.281M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 42619 | 33.5¢ |
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Price($) | Vol. | No. |
---|---|---|
34.0¢ | 411301 | 5 |
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No. | Vol. | Price($) |
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1 | 12619 | 0.335 |
5 | 261399 | 0.330 |
4 | 209556 | 0.325 |
18 | 206824 | 0.320 |
4 | 91032 | 0.315 |
Price($) | Vol. | No. |
---|---|---|
0.340 | 411301 | 5 |
0.345 | 206523 | 6 |
0.350 | 189815 | 7 |
0.355 | 137345 | 4 |
0.360 | 152185 | 5 |
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