Well - why wouldn’t he buy
37c = 71 m discount to cash ( pre March quarter cash creation )
If someone offered you to buy a producing KI for free - would you buy it . That is pretty much what you get when you buy MGX at 37c ( 32 m spent 97m total spend ) 65m to go 71 m discount to cash so you actually get the remainder of IH production can flow ( 40-50m ) for free as well of which 9m would have already been banked by mid March. Amazing but true
Ann: Change of Director's Interest Notice, page-2
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 200000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 7070 | 1 |
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| MGX (ASX) Chart |
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