I wish that the board were a little more forthcoming with updates mainly just to settle my post sea wall collapse anxiety(it’s still harrowing to think back to that ANN) , however, they are perfectly within their right to run this ship tightly in accordance with asx reporting rules.
I keep reminding myself that we have a high quality resource, a money making machine, running well at Koolan Island and am confident that our next update will deliver a very strong result.
Its very easy to get swayed by opinion and noise from outside sources about iron ore prices and demand but given the quality of MGX’s product and the premium price it commands It offers a little insurance against the price cycle fluctuations.
Bring on the result!
Ann: High Grade Ore Sales Commenced from Koolan Island, page-272
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |