MGX 1.67% 29.5¢ 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
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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