Hi pick and roll
I don't think a 1c dividend from cash is going to ignite the SP . Another insurance will see it trade higher, but as you say discount to cash will remain until the utilise some cash that will generate future earnings or announcement a capital distribution or special dividend, however I imagine all these things ( excluding acquisition ) are likely to happen after the final BI payout
Ann: MGX agrees A$86 million property damage insurance settlement-MGX.AX, page-80
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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 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
