I'm not sure they're down rampers. I think they'rte legit investors who bought in on an uptrend thinking that just cos the markets thinks 6 months ahead that what MGX said in their downgrade last year would disapear.
This half was always going to be irrelevant. Whats important is whether they actaully ship 3mt from 07 and whether they can bring both the pellet plant on line within 12 months in addition to the extension Hill haematite proj by END 07. Then the FY 07 WILL be be stunning. Shaws FY 07 is still $69m from memory. Nothings changed with this
re: robertsharron
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.5¢ | 41.5¢ | 40.5¢ | $243.7K | 595.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 156414 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 109642 | 8 |
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| MGX (ASX) Chart |