I don’t know why MGX has just hit 55c and been stuck in this price point for several weeks now whilst iron ore price continues to strengthen and producers like FMG continue to rise.
So much cash being produced at present but the market not interested. And those that have held for this long are just giving their shares away cheaply.
Something surely has to give soon and a break into the 60s.followed by the 70s surely after. Just need to break above 56c.
I don’t know why MGX has just hit 55c and been stuck in this...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $300.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $245.8K | 956.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 311423 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 621620 | 32 |
View Market Depth
| Last trade - 14.09pm 25/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |