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
mount gibson iron limited
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1.35%
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37.5¢

Morning Samson, The comparison chart was purely to point out...
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $442.6M |
Open | High | Low | Value | Volume |
37.5¢ | 38.5¢ | 37.0¢ | $581.8K | 1.541M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 90400 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 47216 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 90400 | 0.370 |
3 | 106164 | 0.365 |
3 | 114600 | 0.360 |
2 | 17888 | 0.355 |
3 | 170000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 47216 | 2 |
0.380 | 20500 | 2 |
0.385 | 88320 | 3 |
0.390 | 259092 | 9 |
0.395 | 256057 | 2 |
Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
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MGX (ASX) Chart |