Morning Samson,
The comparison chart was purely to point out that despite the two companies being on very different paths last quarter their price action was extremely similar. I can't explain it.
Southdown is literally a couple of cow paddocks with some holes drilled in them. No site infrastructure, no concentrator, no pipeline to Albany port. I don't think they ever completed their proposal to the Port for their wharf and storage area development and I think they'd need to deepen the entrance channel to the Port, also. Last I looked Grange were still asking $1B for this Field of Dreams, almost the same as MGX's Market Cap. What did they say in that movie "The Castle"?
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- MGX and GRR. Performance comparison Q4 2021
MGX
mount gibson iron limited
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1.32%
!
37.5¢

MGX and GRR. Performance comparison Q4 2021, page-5
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Last
37.5¢ |
Change
-0.005(1.32%) |
Mkt cap ! $442.6M |
Open | High | Low | Value | Volume |
38.0¢ | 38.5¢ | 37.5¢ | $419.7K | 1.105M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 278233 | 37.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
38.5¢ | 1830088 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 272833 | 0.375 |
2 | 200000 | 0.370 |
3 | 106164 | 0.365 |
5 | 195488 | 0.360 |
3 | 50388 | 0.355 |
Price($) | Vol. | No. |
---|---|---|
0.385 | 200088 | 5 |
0.390 | 167500 | 5 |
0.395 | 306406 | 4 |
0.400 | 207337 | 13 |
0.405 | 82300 | 2 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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