MGX 1.54% 32.0¢ mount gibson iron limited

Prior to that day, the lowest price reached was 36.5c on...

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    Prior to that day, the lowest price reached was 36.5c on 19/11/14 so technically speaking that is where the gap closes. If you have commsec put up a 3 month daily candle-stick chart and you will see it quite clearly. Gaps "tend" to get filled unless you get a break away gap. Not to say 41c won't get hit, but I dare say if it does get to 36.5c there will be some profit taking there and may pull back.
    Last edited by marco1966: 02/01/15
 
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