MGX 1.54% 32.0¢ mount gibson iron limited

asx top 100, page-3

  1. 8,720 Posts.
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    Hi hongjian, I too followed both MMX and MGX for a while, and then decided to focus on MGX.

    I thought i had backed the wrong company in May when MMX had shot up from its low of 0.48 to almost 2.00 and MGX was still lagging at about 0.80.

    However I'm pretty happy now - if you compare the two now, MGX has increased 730% from its low in November of 0.225 to its recent high of 1.645, whereas MMX has increased 450% from its low of 0.48 to its high of 2.18 (mind you thats still pretty good).

    I suspect both companies are still a good investment, but picking only one IO stock for my portfolio, for me its MGX.

    Cheers, Sharks.
 
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