MGX 1.64% 31.0¢ mount gibson iron limited

You have to be kidding Are you really suggesting the 64.3 m...

  1. 15,774 Posts.
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    You have to be kidding

    Are you really suggesting the 64.3 m increase in cash balance has not contributed to this rise. The stock has put on 150m market cap in 4 weeks

    Btw- if you look at the rising AUD some of the IO increase has been offset so you can't tell me it's just IO . It's probably 40/60 cash IO imo . On the note of the AUD my KI NPV estimates have been a little inflated at the rising AUD impacts cash flow negatively . Still IO price in AUD terms is still up about 17% in a last few weeks
 
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Last
31.0¢
Change
0.005(1.64%)
Mkt cap ! $365.5M
Open High Low Value Volume
30.5¢ 31.5¢ 30.0¢ $272.5K 886.9K

Buyers (Bids)

No. Vol. Price($)
6 157040 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 240635 14
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Last trade - 14.48pm 02/12/2024 (20 minute delay) ?
MGX (ASX) Chart
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