I bought more MGX last week but really have no idea what MGX is actually worth. All I know is Iron Ore prices are rising and MGX shareprice is trending upwards. As long as the fundamentals continue to look good (including the outlook for Iron Ore over the coming few years) and more importantly, MGX shareprice continues to trend up, then it's a buy for me. It's that simple.
valuation, page-5
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Last
33.5¢ |
Change
-0.005(1.47%) |
Mkt cap ! $407.8M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 33.0¢ | $316.9K | 941.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3965 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 271780 | 7 |
View Market Depth
| Last trade - 16.10pm 14/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |