shorters have known since the start of June that shipping would be below the guidance (see my other thread) given from the previous quarter:
but that is water under the bridge now and the delay is probably even beneficial to MGX given that iron ore keeps on hitting highs just about every week (dalian 898 as i type). tokyo is right - if i were them, i'd cover now and reassess the next batch of ships to see if everything is still on schedule.
Ann: June 2019 Quarter Activities Report, page-8
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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 |
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| MGX (ASX) Chart |