MGX 1.20% 41.0¢ mount gibson iron limited

That’s what it should be and would be if they come close to...

  1. 584 Posts.
    lightbulb Created with Sketch. 165
    That’s what it should be and would be if they come close to their projections like most companies tend to do. So I can see why your projection in this case aligns with the fundamentals. The only question is whether they’ll under-deliver on what would, by most standards, be a reasonable expectation that they can meet their own projection. As it stands, to make their own projections, they need to suddenly start shipping out more than a ship a week starting very soon, and it seems pretty obvious that if they do that, then everyone’s going to get excited, and your graph will be spot on.
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
41.0¢
Change
-0.005(1.20%)
Mkt cap ! $498.1M
Open High Low Value Volume
41.0¢ 41.5¢ 40.8¢ $360.4K 877.9K

Buyers (Bids)

No. Vol. Price($)
6 168024 41.0¢
 

Sellers (Offers)

Price($) Vol. No.
41.5¢ 80475 5
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.