More info on why companies like UNX have good upside movement in their SP as compared to MGY: (from today's MNN summary).
"SHARES in Uranex bounced 16% today after the explorer reported significant graphite mineralisation in 51 holes of a 52-hole drill program at its Nachu project in Tanzania..."
Not the full article, but enough to get the idea across. Explorers who actually 'explore'; and in particular who complete drilling programs; tend to get the markets interest eventually. The market is a bit particular that way.
MGY 'directors' take note! It's not about things being 'fair', it's about getting the job done (or not, in the current case of MGY). OZ
MGY Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
