IO price up again last night
March quarter based on last quarterly report will be another low cost quarter as ore sold in Dec and March quarter from the prestripping on Dec quarter .
I regret not buying more on Friday , I should have gone in heavier as these opportunities of a company trading at 65% of cash backing while making money are very rare, specifically as they aren't about to blow it on drilling wild cats or things like that.
Anyways - based on current IO, a 40-50% SP gain within 6 months highly probable
MGX -> 19 bid -> breakout?, page-97
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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 |
