@Silent-Bubbles Correct, i bought 2,500,000 units at 0.0095 they went through at so don't expect the needle to move at all,
I am prepared to swipe another 11,000,000 shares if some of these peanuts want to drip that price for me slightly lower.
I seen someone here talk about Atlas Iron getting bought out. CTM will get bought out i reckon and if it does after some approval go in of course the buyout price is way above $0.01 cents...
The book value of the assets / projects alone on the back end of the iron ore forecast and outlook. I see this been valued at a comfortable $0.05 cents as is.
I personally think MGX might want to diversify given their Koolan Island mine has only 5 years left in it and they have a war chest of cash/zero debt to play with. Rumor on the rumor mill is they are looking at diversifying outside of just iron ore.
Either way, i would be wanting as an executive want to look at acquisitions in the near future while the price is here so there is a nice amount of deductibles to put down on the balance sheet in further reporting years when prices may be in a subsidized state. That would be intelligent business.
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Last
44.0¢ |
Change
0.015(3.53%) |
Mkt cap ! $218.3M |
Open | High | Low | Value | Volume |
42.5¢ | 46.0¢ | 42.5¢ | $220.2K | 499.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 14600 | 42.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
44.0¢ | 6987 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 14600 | 0.425 |
2 | 142160 | 0.420 |
1 | 100000 | 0.415 |
3 | 117317 | 0.410 |
3 | 35000 | 0.405 |
Price($) | Vol. | No. |
---|---|---|
0.445 | 19600 | 1 |
0.455 | 8000 | 1 |
0.460 | 63143 | 3 |
0.470 | 43000 | 2 |
0.475 | 72053 | 2 |
Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
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