AGO 0.00% 4.5¢ atlas iron limited

ago vs mgx

  1. 1,384 Posts.
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    It's the same story as this time last year IO stocks are in freefall. Post June they all started to recover.

    This time last year AGO was nearly always 2x MGX's price. MGX got down to a low of 40.5c while AGO got to 68.5c. Why is MGX's share price now higher than AGO? Has AGO's position deteriorated over the last year or has MGX's position improved? In comparison to MGX, AGO looks the better buy, is that a misconception?
 
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Currently unlisted public company.

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