MGX 1.16% 42.5¢ mount gibson iron limited

For me this is under valued now and sitting in a buy zone due...

  1. 3,468 Posts.
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    For me this is under valued now and sitting in a buy zone due the recent lows of 40 and high 50 high.

    question is how much and when do buy for the biggest value? I’m guessing it will bounce off 49 if it gets there. That would make it only a 500M market cap stock.

    pressure on the buy side with the sell side currently stacks. Games a side I think a mid 40 buy would be fantastic for a 6-12m investment horizon. Thoughts?
 
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Last
42.5¢
Change
-0.005(1.16%)
Mkt cap ! $516.3M
Open High Low Value Volume
43.0¢ 43.5¢ 42.5¢ $306.8K 713.2K

Buyers (Bids)

No. Vol. Price($)
11 214897 42.5¢
 

Sellers (Offers)

Price($) Vol. No.
43.0¢ 2695 1
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
42.5¢
  Change
-0.005 ( 1.16 %)
Open High Low Volume
43.0¢ 43.5¢ 42.5¢ 248130
Last updated 15.57pm 30/05/2024 ?
MGX (ASX) Chart
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