Well Mac I just see a settlement as icing on the cake
MGX does not need any extra cash at the moment but what is frustrating for shareholders is that management have not used any of the cash to invest in other opportunities outside of iron ore. Look at say management at WPG ........perhaps MGX management are just too prudent or lack expertise outside of I/O?
MGX -> 19 bid -> breakout?, page-50
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Last
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $296.8K | 964.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 242807 | 6 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
