MGX 1.56% 32.5¢ mount gibson iron limited

help me undertand, page-28

  1. 521 Posts.
    lightbulb Created with Sketch. 2
    You may not see 75c now. But based on its intrinsic value that's what it is currently worth. Your not alone with that thought however. Most people are probably thinking the same way as you. Just like the brokers you mention below. People are just being cautious. This is just human nature. When something has had such a bearish sentiment like the IO price over the last few years. It is very hard to change ones mindset from bearish to bullish in a whim. That can take sometime to work its way through the system. The same can be said for stocks that are making new highs on a daily basis. Eventually something has to give. When that will be. No idea.
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
32.5¢
Change
0.005(1.56%)
Mkt cap ! $395.6M
Open High Low Value Volume
32.5¢ 33.0¢ 32.3¢ $308.5K 946.1K

Buyers (Bids)

No. Vol. Price($)
7 152493 32.5¢
 

Sellers (Offers)

Price($) Vol. No.
33.0¢ 263796 29
View Market Depth
Last trade - 13.36pm 10/10/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.