MGX 0.00% 34.0¢ mount gibson iron limited

iron ore price settlement , page-15

  1. 4,544 Posts.
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    MPW obviously have an agenda to accumulate at lower prices....this is pathetic.....the news yesterday was very good and considering they will gain so much more due to selling their lump (greater percentage) than fines at a much higher price.....this fall of 8% is not justified..................the market these days is very $$$$$...........i better not say.

    Anyway if it falls further time to accumualte more. Long term this is excellent value. ASX100 inclusion should mean that the big boys have to include it in their portfolios.

    She will be BACK.

    From a technical perspective the gap is now filled.

    now need to break $3.52 with gusto....over the next month.
 
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