Agree with you, berretta.
Regarding WA weather condition (I am not familiar with WA weather), will it also affect the other quarters? MGX said that it affected this quarter's shipment by approx 400k tons (out of normally 1600k tons.. it's 25% of shipment normal capacity).. quick calculation, if every other quarters are just normal, it will only affect the annual shipment by 6%. Share price has dropped from around 2.30 to currently 1.75, which is much more than 6%..
why low price, page-23
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
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| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |