With the revelation of the Activist's Campaign and its agenda, what are the thoughts of holders re the chance of a divy being announced by MGX in reporting season?
I would say pretty good, in particular given -
* Revelation of the Activist Campaign (if nothing else this could be a motivator to the board to try a quiet the agitators....),
* KI restart approval and construction underway,
* No news or developments on acquisitions (many comments emanating from last weeks D&D Conference that the market for M&A is 'very competitive'),
* $60mil in franking credits available.
As to quantum, i have no idea but would suggest anything from 2c to 4c....
Thoughts?
PS, does anyone have a confirmed date for EOY Reporting Announcements? I have an estimate of 16th August?
MGX - What chances of a Divy...?
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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 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
