Great article to read. I don’t think we need to fear about the competition from the big players and the future supply from Simandou. As previously mentioned in this forum, Simandou is a project with gigantic capex and nowhere close to production. Premium quality IO will be always scarce. And on top of that we are entering into commodities boom decade. With so much of quantitative easing and stimulus commodities prices are going to rise in future rather than fall. I believe commodities stocks will outperform tech stocks in the next 5 years. MGT is on a prime spot to take advantage of the commodities boom.
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17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $20.18M |
Open | High | Low | Value | Volume |
18.0¢ | 18.0¢ | 17.0¢ | $75.52K | 441.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 20920 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 50000 | 0.170 |
4 | 44060 | 0.165 |
1 | 50000 | 0.160 |
1 | 10000 | 0.155 |
1 | 5000 | 0.150 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 20920 | 1 |
0.180 | 104490 | 2 |
0.185 | 54321 | 2 |
0.190 | 44358 | 1 |
0.195 | 8310 | 3 |
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