MGX 3.41% 42.5¢ mount gibson iron limited

great management, board=great company, page-38

  1. 712 Posts.
    lightbulb Created with Sketch. 15
    Yes I see what you mean - I missed word 'recently' in your previous post. So as 'recently' yes there are similarities. But if you look from 3-5 years perspective (which is what I meant) - charts are way different:
    - MGX is on long DOWN TREND (which of course will end soon, but nobody knows when and at what price; We all saw ridiculously mispriced good companies in the past).
    - AGO, at least now, it is on long term up trend and in med term down correction to the long term trend line

    If you look at MGX 10 yr chart you would notice that 90c-105c level is the 'very long term' slow up trend line. Hopefully 90c will be a strong support. As I mentioned above I am considering buying MGX, it is a good value at current price, just not yet (due to recent SP trend weakness and management quality issues).

 
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Last
42.5¢
Change
-0.015(3.41%)
Mkt cap ! $526.9M
Open High Low Value Volume
44.0¢ 44.0¢ 42.5¢ $1.035M 2.401M

Buyers (Bids)

No. Vol. Price($)
1 275 45.0¢
 

Sellers (Offers)

Price($) Vol. No.
37.5¢ 22765 1
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Last trade - 15.59pm 10/07/2024 (20 minute delay) ?
MGX (ASX) Chart
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