Alex
What is milk goes back to 20 c a liter and I can buy a house in Melbourne for 100k and for 10c I can buy a mix bag of lollies
At sub 20 every IO producer is losing money . Thus supply will fall rapidly and the price will rebalance. Simple laws of demand and supply
MgX only have 35 m to spend including continegency as that it approx 2 quartets of IH cash flow . They aren likely not going to deep below 420 m cash peak draw down so I would say not much to worry about
- Forums
- ASX - By Stock
- Iron ore price <$20
Alex What is milk goes back to 20 c a liter and I can buy a...
-
- There are more pages in this discussion • 3 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
(20min delay)
|
|||||
Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M |
Open | High | Low | Value | Volume |
30.0¢ | 30.5¢ | 29.5¢ | $237.0K | 789.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
7 | 195619 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.5¢ | 195225 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37120 | 0.920 |
3 | 45770 | 0.915 |
3 | 31253 | 0.910 |
3 | 68342 | 0.905 |
2 | 44392 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
0.925 | 15328 | 2 |
0.930 | 89494 | 6 |
0.935 | 70442 | 3 |
0.940 | 72592 | 7 |
0.945 | 128342 | 5 |
Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
MGX (ASX) Chart |