MGX 2.44% 42.0¢ mount gibson iron limited

Any thoughts on why MGX is lagging all of the IO miners today?i...

  1. 961 Posts.
    lightbulb Created with Sketch. 129
    Any thoughts on why MGX is lagging all of the IO miners today?

    i would have thought it would have performed much more strongly.

    just a bit over a month until full processing capacity comes back online and they start pumping out the ships.

    further catalysts I see
    - insurance payouts
    - revised improved guidance. They have mentioned repairs are ahead of schedule, so am hoping to see improved cash costs/margins


 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $510.2M
Open High Low Value Volume
41.0¢ 42.0¢ 40.5¢ $1.108M 2.659M

Buyers (Bids)

No. Vol. Price($)
1 4572 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 179187 6
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.