I reckon that the stellar run of MGX is coming to an end. I am not down ramping - just my thoughts. I do still own MGX shares, but I'm now thinking of selling and moving on. I just can't see another 50% return in the next 12 months.
What are people's views on this
The ONLY thing that is keeping in the stock at the moment is the 20% share holding by the Chinese. People reckon that the Chinese will make a tilt at MGX?
Also, anyone can give me a breif 2-3 point summary of upcoming events for MGX
(My guesses are:
a) Iron price increase (but this is included in the current share price - and if it is not what analyst expect, the share price will take a beating)
b) Approval from government - but I thought this was done in September by the WA gov?
Appreciate people's thoughts and input
is still stellar run over
-
- There are more pages in this discussion • 30 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 40.5¢ | $1.108M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4572 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 179187 | 6 |
View Market Depth
| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |