re: what the hell????????? l believe what happened is because the share price had risen so quickly from 20c to 97c in 3 months there were large numbers of people sitting on large paper profits.
When they had the share placement and the problems with FMG they got nervous and used this as a reason to take the large quick profits they were sitting on causeing the share price to fall. In my opinion the fundamentals of the company are still strong with an excellent profit outlook. l believe it is the best of the small iron ore companies. This is only my opinion.
whats goin' on, page-6
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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 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |