MGX mount gibson iron limited

why did it drop from $1.30 to 75cents

  1. 5,197 Posts.
    lightbulb Created with Sketch. 165
    Can someone please explain to me why from March to May this year MGX had a rise to $1.30 and is now sitting at 75 cents when other iron ore stocks like FMG are on the way up?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
28.5¢
Change
0.000(0.00%)
Mkt cap ! $336.1M
Open High Low Value Volume
29.0¢ 30.0¢ 28.5¢ $293.4K 1.008M

Buyers (Bids)

No. Vol. Price($)
3 151881 28.5¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 171514 3
View Market Depth
Last trade - 16.10pm 11/07/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.