why low price, page-15

sorry but i think most of that information is outdated,

the MMRT isnt applicable for MGX as that has already been factored into the price since late last year, not to mention they threw AGO into the 'hardest hit' category and their stock has been one of the best performing on the market! absolute gun of a stock!

here is the most recent, freely available broker consensu's i could find for you (and anyone else curious as to the value of MGX)

http://www.investsmart.com.au/shares/asx/Mount-Gibson-Iron-MGX.asp

general consensus as of two weeks ago is hold with a target of 2.40 approx

I'd say the tanking is due to

1) WA weather events
2) general market instability (libya, ebergy prices)
3) overnight drop in iron ore spot price and uncertainty of another to follow
4) general Mid West uncertainty over development (i.e OPR Oakajee)

take the above out of the equation and i think you will see the price recover..