MGX 4.73% 80.5¢ mount gibson iron limited

why the interest??

  1. 1,571 Posts.
    No announcement of late with Mount Gibson but this stock has seen higher volume over the past week for no reason. There last ASX announcement was beginning of may saying that production would start 3rd quarter so maybe this is the reason. Anyone with any ideas. With guaranteed contracts of 50m a year starting this year and a market cap of 34m this stock seems highly undervalued in my opinion. Anyone any clues as to why the movement and also why so undervalued.

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Mkt cap ! $931.9M
Open High Low Value Volume
83.5¢ 84.0¢ 80.5¢ $1.409M 1.732M

Buyers (Bids)

No. Vol. Price($)
2 118838 80.5¢

Sellers (Offers)

Price($) Vol. No.
81.0¢ 12441 1
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Last trade - 16.10pm 21/02/2020 (20 minute delay) ?
-0.040 ( 3.28 %)
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83.5¢ 83.5¢ 80.5¢ 238231
Last updated 15.59pm 21/02/2020 (live) ?
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