MGX 1.67% 29.5¢ mount gibson iron limited

Value Opportunity, page-30

  1. 197 Posts.
    lightbulb Created with Sketch. 3
    I think 36 cents is a reasonable price for it to land. For me, its not worth selling. I was waiting on the insurance payouts and I know the first jump to 25 cents caught a few people off and I suspect the next insurance payout will be a surprise as well. Would hate to miss it trying to day/week trade.

    Also the KI announcement will be a surprise either way. I'm expecting at least $100 million to get it up and running, but a NPV of around $200+ million (obviously depending on IO forecasts)
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
29.5¢
Change
-0.005(1.67%)
Mkt cap ! $359.4M
Open High Low Value Volume
30.5¢ 31.0¢ 29.0¢ $332.0K 1.101M

Buyers (Bids)

No. Vol. Price($)
1 37786 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 12500 1
View Market Depth
Last trade - 16.10pm 13/09/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.