ljohn,
I think youve touched ona few of the main points and Im ion agreement, though I wouldnt rate FMG in the same sentence as BHP just yet...and FMG are yet to prove themselves.
A couple of brokers are talking target price for MGX of 190-200cps. That would be a nice 38% growth on where we are if it happens, and going out on a limb, my guess is we will get very close by xmas. Watch Iron ore get more and more limelight over coming months.
All speculation of course but Im feeling good about this one with either a t/o to come or be made IMHO.
boom boom, page-3
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Last
32.0¢ |
Change
0.015(4.92%) |
Mkt cap ! $388.8M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 32.0¢ | 30.5¢ | $604.0K | 1.928M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 17500 | 31.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.0¢ | 73961 | 2 |
View Market Depth
| Last trade - 16.10pm 01/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |