The reason these companies with large resources are valued low by the market is because the market is giving them a low chance of bringing the project into production. But once 'large' companies take a stake into the company the market re-rates the company accordingly.
Good thing about MGX is their large cash reserves.
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- Ann: Update - Notification of buy-back - MGX
MGX
mount gibson iron limited
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37.5¢

Ann: Update - Notification of buy-back - MGX, page-9
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Last
37.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $448.5M |
Open | High | Low | Value | Volume |
37.5¢ | 38.5¢ | 37.5¢ | $298.5K | 793.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 100063 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.0¢ | 40285 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 220873 | 0.370 |
14 | 382550 | 0.365 |
9 | 219209 | 0.360 |
5 | 68974 | 0.355 |
5 | 98716 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 4830 | 2 |
0.380 | 44904 | 6 |
0.385 | 1954987 | 11 |
0.390 | 222400 | 9 |
0.395 | 308406 | 5 |
Last trade - 12.31pm 28/07/2025 (20 minute delay) ? |
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