MGX 1.67% 29.5¢ mount gibson iron limited

Current spot valuation 68c, page-16

  1. 15,774 Posts.
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    You have given me two examples where the stocks in question has seen SP down 30-50% over the year. MGX could lob a bid for Herron now at 12 c ( a 70% premium and still be well ahead .
    The base metals has been relatively stagnant and some SP have fallen hard so although I can see where you are coming from I also don't see how the market agrees wth you on these projects given the respective SPs of the companies involved

    Mongrel - I respect your views and you may be right , in this case though I see equally the other side of the argument . bTW - I know HRRs project . I was a shareholder short term and some out at 15.5 . I would love them to end up with a zinc project
 
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Last
29.5¢
Change
-0.005(1.67%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.0¢ 29.0¢ $350.5K 1.189M

Buyers (Bids)

No. Vol. Price($)
13 127764 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 302574 6
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Last trade - 16.10pm 26/11/2024 (20 minute delay) ?
MGX (ASX) Chart
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