I reckon that the stellar run of MGX is coming to an end. I am not down ramping - just my thoughts. I do still own MGX shares, but I'm now thinking of selling and moving on. I just can't see another 50% return in the next 12 months.
What are people's views on this
The ONLY thing that is keeping in the stock at the moment is the 20% share holding by the Chinese. People reckon that the Chinese will make a tilt at MGX?
Also, anyone can give me a breif 2-3 point summary of upcoming events for MGX
(My guesses are:
a) Iron price increase (but this is included in the current share price - and if it is not what analyst expect, the share price will take a beating)
b) Approval from government - but I thought this was done in September by the WA gov?
Appreciate people's thoughts and input
- Forums
- ASX - By Stock
- MGX
- is still stellar run over
is still stellar run over
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $444.6M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 36.5¢ | $244.0K | 664.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 118094 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 118094 | 0.365 |
11 | 454572 | 0.360 |
6 | 166500 | 0.355 |
5 | 141409 | 0.350 |
4 | 165799 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 50000 | 2 |
0.375 | 45000 | 2 |
0.380 | 108000 | 5 |
0.385 | 61388 | 3 |
0.390 | 166981 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
MGX (ASX) Chart |