MGX 0.00% 32.0¢ mount gibson iron limited

re: customers, page-2

  1. 1,051 Posts.
    lightbulb Created with Sketch. 59
    re: customers Think they supply metals traders and smaller mills who rely on obtaining letters of credit to finance their shipments.

    If it continues to be a problem I don't see why they can't sell on the spot market as the ore is high quality.

    Looks way oversold to me, historical p/e of 5 for a company that just recieved an 80% price increase for its product, massive FX bonus and is ramping up volumes. Funnymentals mean little at present but sanity will return.
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
32.0¢
Change
0.000(0.00%)
Mkt cap ! $388.8M
Open High Low Value Volume
32.0¢ 33.0¢ 32.0¢ $309.9K 956.6K

Buyers (Bids)

No. Vol. Price($)
1 10000 32.0¢
 

Sellers (Offers)

Price($) Vol. No.
32.5¢ 100000 1
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.