MGX 2.56% 38.0¢ mount gibson iron limited

why is mgx slaughtered so ruthlessly

  1. bwa
    41 Posts.
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    I feel that this is the right time and price for me to get a small parcel. Why is it slaughtered so ruthlessly recently? Simply because several mills requested to delay the delivery of iron ore? Accroding to my understanding, MGX can disregard such requests citing contractrual obligation.

    Any thoughts?
 
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