Is it just me or does MGX almost seem more like a listed investment company than miner. At the moment they have half a billion dollars of funds under management and earning about 0.7% per quarter on that funds under management (3m / 447M = 0.7%). That's a pretty poor return. Why don't they at least invest in some higher earning investments? What exactly are they doing with this cash long term? any ideas?
Is it just me or does MGX almost seem more like a listed...
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.0¢ | 29.5¢ | $113.7K | 385.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 59372 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 221176 | 14 |
View Market Depth
| Last trade - 11.38am 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
