MGX 1.15% 44.0¢ mount gibson iron limited

The market is a joke - you have to wonder why the price has gone...

  1. 663 Posts.
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    The market is a joke - you have to wonder why the price has gone up significantly today when we already know and is no surprise - I suppose for all others FOMO.

    As Goodheart pointed out the potential and approval of the satellite points within Koolan would be mining beyond 2030 and yet the price is hovering around the 50 cents. In addition, got stocks that hover in the $4.00 to $6.00 with no cash generation but all anticipation and constant CR.

    Considering is a low cost producer and straight shipment to nearby countries you have to wonder.

    Even a $2.00 price tag would not surprise me for this stock and considering the stock is tightly held by the major shareholders with 20% to mums and dads.

    We need interest rates to drop, boost China economy and then we may see a significant SP rise.
 
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Last
44.0¢
Change
0.005(1.15%)
Mkt cap ! $534.5M
Open High Low Value Volume
43.5¢ 44.5¢ 43.5¢ $178.2K 404.9K

Buyers (Bids)

No. Vol. Price($)
9 240727 43.5¢
 

Sellers (Offers)

Price($) Vol. No.
44.5¢ 436449 4
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Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
44.0¢
  Change
0.005 ( 0.57 %)
Open High Low Volume
44.0¢ 44.5¢ 43.5¢ 123351
Last updated 15.58pm 03/05/2024 ?
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