I doubled up my MGX holdings today via selling out of another miner ( painful expensive experience).
I like the discount to cash backing also the hedging as was mentioned in an earlier post.
KI is high grade, low grade is on the nose and is currently heavily discounted.
Iron ore has cut through my support levels using a basic daily chart.
I am keeping a close eye on the weekly as it's close to making another touch on an accending trendline.
KI Update, page-14
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 (20min delay)
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
