MGX
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1.54% 32.0¢ mount gibson iron limited

It could simply be something to do with the reduced market cap...

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  1. col69
    15,663 Posts.
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    11/10/19
    08:03
    Post #: 40827218
    It could simply be something to do with the reduced market cap with our share price around these levels or possibly lack of diversification ? Let’s face it the Directors are conservative (which isn’t a bad thing in some ways) and have been sitting on a war chest for a while now ? It certainly wouldn’t be anything to do with cash at bank, no debt or profit margins given the current price of IO - IMO of course ....

    GLTAH
    Last edited by col69: 11/10/19
    MGX Price at posting: 73.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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32.0¢ 		Change
-0.005(1.54%) 		Mkt cap ! $389.5M
Open High Low Value Volume
32.5¢ 32.5¢ 31.0¢ $500.4K 1.571M

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2 107146 32.0¢
 

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Price($) Vol. No.
32.5¢ 60553 2
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