MGX 1.79% 27.5¢ mount gibson iron limited

Good volume today, page-4

  1. 1,044 Posts.
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    Odd - on the ASIC short sales report the 29/07 reports 94 million short and the 30/07 reports 56 million short - funny I don't remember 38 million shares changing hands last week.

    Either way that's a lot of shorts for a company trading at $100 million less than cash - they'd better hope no sudden news on buy backs, dividends or takeovers come out or they are going to get burnt big time.

    With iron ore around $55USD these guys shouldn't be burning too much cash either - would be nice to see the price run to $60 just to shake up the shorts a bit further.
 
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Last
27.5¢
Change
-0.005(1.79%)
Mkt cap ! $335.0M
Open High Low Value Volume
28.0¢ 28.5¢ 27.5¢ $270.7K 972.6K

Buyers (Bids)

No. Vol. Price($)
3 200932 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 78042 4
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Last trade - 16.10pm 10/09/2024 (20 minute delay) ?
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