MGX 0.00% 43.0¢ mount gibson iron limited

MGX Chart/Technical Analysis, page-327

  1. 4,516 Posts.
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    I think with the MGX clock (as it is nearing its end) it is about 5min and not 30min.

    FEX up again. At this rate its SP will overtake us.

    The market has an EV for MGX of 0. Are they right or are they wrong.

    I also think it is because the market pundits believe that the last 2 quarters have probably returned very little in profit and combined with a zero dividend (again). There is more probability of this plumbing to new lows than getting above 50c again.
 
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