MGX 3.39% 30.5¢ mount gibson iron limited

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  1. 4,994 Posts.
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    Cash at bank is over 40 cents per share , almost 45 cents

    I really dont understand why these shares are up 3 cents on the iron ore price rise if the company is trading 12 cents under the cash at bank and the market is giving a negative value on its iron ore business.

    MGX need to do a share buy back or a special dividend in my view
 
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Last
30.5¢
Change
0.010(3.39%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.5¢ 29.5¢ $42.02K 139.7K

Buyers (Bids)

No. Vol. Price($)
2 104867 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 355340 6
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Last trade - 16.10pm 29/11/2024 (20 minute delay) ?
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