MGX 0.00% 28.0¢ mount gibson iron limited

another new year high, page-5

  1. 160 Posts.
    looking at the charts unless IO is re-rated looks to be a small healthy retracement next week before heading north again. Furher technical view would be appreciated.

    Fundemenatlly theres no reason why $2 isn't a target by end of Jan-middle of Feb. News and future prospect of IO is looking very good (20% re-rating is expected, well so BHP says). Does anyone knows the expected date for the re-rating??
 
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