All depends on IO price lead time between design, construction and commissioning is 1 year at earliest.
My estimate. Anything can happen. Tbe construction is not a simple engineering feat a hole in the ground is easier to construct than a dam built against tidal action.
This would a riskier investment then buying AGO realising the synergies by delisting it.
AGO MC is $150M. It has product to sell atm. Cull the management and eliminate listing fees.
Spread out the oveeheads over production of MGX and AGO.
All depends on IO price lead time between design, construction...
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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¢ | 29.0¢ | $350.5K | 1.189M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 127764 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 302574 | 6 |
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| Last trade - 16.10pm 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
