Here are some thoughts on when the next big bounce may occur:
1. Ore Ore Price: Iron ore prices have fallen 35% over the past 2 weeks. All iron ore stocks are down. Worldwide there is still massive infrastructure spending and demand is still high. If we get a bounce in Iron Ore prices then........
2. Anglo Deal. Anglo is a buyer at the end of the day. If they decide to buy or not buy MGU ore who cares. There is always another buyer. At some point in time we should hear about Anglo or some other buyer.
3. Production Date: When we get closer to production date later this year, I can see how we can be trading at these share price levels.
Your thoughts?
- Forums
- ASX - By Stock
- The big bounce
Here are some thoughts on when the next big bounce may occur:1....
- There are more pages in this discussion • 47 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.14M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 1304887 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.4¢ | 12166 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 1304887 | 0.013 |
8 | 1151937 | 0.012 |
5 | 951916 | 0.011 |
2 | 151000 | 0.010 |
1 | 120000 | 0.008 |
Price($) | Vol. | No. |
---|---|---|
0.014 | 12166 | 2 |
0.015 | 1368411 | 4 |
0.016 | 333482 | 4 |
0.017 | 197123 | 2 |
0.018 | 377241 | 5 |
Last trade - 10.20am 03/05/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |
Day chart unavailable
The Watchlist
RDN
RAIDEN RESOURCES LIMITED
Dusko Ljubojevic, MD
Dusko Ljubojevic
MD
SPONSORED BY The Market Online