* article, highlights CIA significant price increase in the demand for high grade (66.2%) charging a whooping extra $30 on top. What is also important to note is the extensive list of buyers outside of china (Europe, the Middle East, South Korea, Japan, India and Canada)this shows the extreme demand for high grade IO. As has been alerted to previously CIA is a company MGT could mimic as a high grade low opex producer.
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https://stock head.com.au/resources/bulk-buys-chinas-steel-sector-lifts-iron-ore-to-10-year-high-coking-coal-stabilises/
MGT share price, page-4980
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Last
29.5¢ |
Change
-0.030(9.23%) |
Mkt cap ! $29.03M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 29.5¢ | $30.22K | 94.60K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 7500 | 1 |
View Market Depth
| Last trade - 15.18pm 17/06/2024 (20 minute delay) ? |
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Last
33.0¢ |
Change
-0.030 ( 1.54 %) |
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| Open | High | Low | Volume | ||
| 31.0¢ | 33.5¢ | 30.5¢ | 35699 | ||
| Last updated 15.13pm 17/06/2024 ? | |||||
| MGT (ASX) Chart |
