MGX 1.48% 66.5¢ mount gibson iron limited

mgx 80cents - 100%

  1. 183 Posts.
    Shaws Stock brokers are the ones talking these levels. Who cares if it does not sustain 80 cents as investors must learn to take profits and not ride a stock all the way up then all the way down.

    Shaws believe the price whatever it achieves may be sustained although the report recommends a short term play..

    If Iron Ore is lifted bt say 35% and MXG goes t0 75 cents then everyone should be happy.

    Chartists cannot predict movements based on future announcements and commodity prices.

    For me MGX is the fourth largest producer of Iron Ore and with a good increase in Iron Ore prices MGX will be attractive to al kinds of investors including institutional and preditors.

    Stick with the facts and the market will do the rest.

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Mkt cap ! $771.5M
Open High Low Value Volume
68.0¢ 68.0¢ 65.2¢ $1.263M 1.900M

Buyers (Bids)

No. Vol. Price($)
3 28000 65.5¢

Sellers (Offers)

Price($) Vol. No.
66.5¢ 59956 2
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Last trade - 16.10pm 14/07/2020 (20 minute delay) ?
-0.010 ( 2.67 %)
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67.5¢ 67.5¢ 65.0¢ 630588
Last updated 15.56pm 14/07/2020 (live) ?
MGX (ASX) Chart
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