@Silent-Bubbles Correct, i bought 2,500,000 units at 0.0095 they went through at so don't expect the needle to move at all,
I am prepared to swipe another 11,000,000 shares if some of these peanuts want to drip that price for me slightly lower.
I seen someone here talk about Atlas Iron getting bought out. CTM will get bought out i reckon and if it does after some approval go in of course the buyout price is way above $0.01 cents...
The book value of the assets / projects alone on the back end of the iron ore forecast and outlook. I see this been valued at a comfortable $0.05 cents as is.
I personally think MGX might want to diversify given their Koolan Island mine has only 5 years left in it and they have a war chest of cash/zero debt to play with. Rumor on the rumor mill is they are looking at diversifying outside of just iron ore.
Either way, i would be wanting as an executive want to look at acquisitions in the near future while the price is here so there is a nice amount of deductibles to put down on the balance sheet in further reporting years when prices may be in a subsidized state. That would be intelligent business.
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Last
42.0¢ |
Change
-0.005(1.18%) |
Mkt cap ! $208.3M |
Open | High | Low | Value | Volume |
43.5¢ | 43.5¢ | 41.5¢ | $80.93K | 191.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 7887 | 42.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
42.5¢ | 751 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5800 | 0.420 |
4 | 45512 | 0.410 |
3 | 25500 | 0.405 |
10 | 99750 | 0.400 |
1 | 17721 | 0.395 |
Price($) | Vol. | No. |
---|---|---|
0.425 | 751 | 1 |
0.430 | 20000 | 1 |
0.435 | 26499 | 1 |
0.460 | 7825 | 2 |
0.465 | 14909 | 2 |
Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
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