MGX mount gibson iron limited

Mgx going gang busters. Racing along again today. It will nearly...

  1. 4,760 Posts.
    lightbulb Created with Sketch. 774
    Mgx going gang busters. Racing along again today.

    It will nearly get take over by FEX. Which produces 1/4 of our revenue and 1/4 of our profits and also has half our Shares Outstanding. So based on those metrics you would expect MGX to be 4 times as large. But it is only X 2 larger.

    therefore MGX should be at 80c. Will this market aberration or dislocation get corrected?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
26.5¢
Change
0.005(1.92%)
Mkt cap ! $312.5M
Open High Low Value Volume
26.0¢ 26.5¢ 25.5¢ $1.220M 4.627M

Buyers (Bids)

No. Vol. Price($)
2 80012 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 172544 6
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.