MGX 0.00% 30.5¢ mount gibson iron limited

Ann: Quarterly Activities Report for June 2016 Quarter-MGX.AX, page-46

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  1. 11,181 Posts.
    lightbulb Created with Sketch. 41
    I doubt it
    Unless they are trying to win some award for having the biggest war chest my feeling is that they believe they can make a greater ROI than us by investing the cash into an acquisition or in its existing iron ore assets (if and only if the ROI is high enough)
    Given the FCredits I think a dividend could come as a goodwill gesture lol
 
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