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
29.3¢
Change
0.008(2.63%)
Mkt cap ! $345.0M
Open High Low Value Volume
29.0¢ 29.5¢ 28.5¢ $202.4K 701.4K

Buyers (Bids)

No. Vol. Price($)
2 32256 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 298958 11
View Market Depth
Last trade - 14.46pm 14/07/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.