MGX mount gibson iron limited

why did it drop from $1.30 to 75cents

  1. 5,197 Posts.
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    Can someone please explain to me why from March to May this year MGX had a rise to $1.30 and is now sitting at 75 cents when other iron ore stocks like FMG are on the way up?
 
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(20min delay)
Last
32.5¢
Change
0.025(8.33%)
Mkt cap ! $383.3M
Open High Low Value Volume
30.5¢ 33.0¢ 30.5¢ $2.589M 8.070M

Buyers (Bids)

No. Vol. Price($)
3 76889 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 705713 15
View Market Depth
Last trade - 12.45pm 16/07/2025 (20 minute delay) ?
MGX (ASX) Chart
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