I reckon you got it wrong.
Most already had a pretty good idea that the magnetite deal wouldnt fly otherwise the share price would have been north of a $1.
A selldown today is likely which is fair enough as blue sky is now taken away but MGX is and should be all about maximising their haematite assets.
Once we get this quarter out of the way they should be on track to become leaner and meaner and a cash machine.
dealing with the chinese, page-2
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.8¢ | $360.4K | 877.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168024 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 80475 | 5 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |