MGX 3.39% 30.5¢ mount gibson iron limited

Ann: MGX agrees A$86 million property damage insurance settlement-MGX.AX, page-14

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  1. 8,420 Posts.
    lightbulb Created with Sketch. 59
    Good point Auto. Also I didn't factor in that a contribution to current discount to cash is the risk associated with the payout itself, which has now been resolved (although there may still actually be more upside) - so if previous discount to cash was 60% it may now increase to 70-80% because the insurance risk discount has been eliminated. Will watch with interest...

    Cheers, Sharks.
 
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