The miners are certainly getting hammered, regardless if they hold cash or are making money.
I wait too and I hope the Aussie dollar keeps tumbling... I can't believe these are not worth over a dollar. This is a mugs game at the moment.
:(
I still think it is a long-term buy... It just might be longer than I was thinking. If you hold, take heart in the fact that the banks had just as much hatred for their products before they increased over 50% (plus dividend payouts) within a year or so. Everything changes... It is just knowing when.
chart, page-73
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
0.005(1.67%) |
Mkt cap ! $377.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 30.3¢ | $117.9K | 385.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 182093 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 275554 | 13 |
View Market Depth
| Last trade - 11.41am 13/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |