MGX 5.65% 32.8¢ mount gibson iron limited

Market cap M$490. Iron ore at $117 last night. (Fox Business...

  1. 700 Posts.
    Market cap M$490.
    Iron ore at $117 last night. (Fox Business this morning)
    AUD falling. (Predictions .80 - 85c)

    Common sense would say all three combined point to a turning point or at least approaching that point. Main problem being, the market has never been renowned for having such an attribute.

    Downside looks weaker than upside IMHO.

    Miki

    Not investment advice. DYOR
 
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