MGX 3.28% 31.5¢ mount gibson iron limited

Ann: AGM CEO Presentation, page-25

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  1. 1,545 Posts.
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    Rockyjack, I believe i have posted previously that investing in Mgx atm is essentially investing in a cash term deposit, that also dabbles in a few tonnes of io sales.....

    Until they get the BI claim paid and make a decision re KI, the share price will probably continue in this current trading range of 30 to 35c. Both of those issues seem destined to be settled (hopefully) in the March quarter of next year, so not much is going to happen between now and then....

    As for acquisitions, they are taking their time, which is fine, as long as the waiting pays off for shareholders who have had to endure a long wait already.....

    Depending on your current average share price, if you have a few dollars spare i would think would could do a lot worse than buying more Mgx. It is however a waiting game.... How patient are you??

    Good luck with your decision.
    Last edited by macssharesforfun: 18/11/16
 
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Last
31.5¢
Change
0.010(3.28%)
Mkt cap ! $365.5M
Open High Low Value Volume
30.5¢ 31.5¢ 30.0¢ $296.8K 964.6K

Buyers (Bids)

No. Vol. Price($)
2 101000 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 242807 6
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Last trade - 16.10pm 02/12/2024 (20 minute delay) ?
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