Alex
What is milk goes back to 20 c a liter and I can buy a house in Melbourne for 100k and for 10c I can buy a mix bag of lollies
At sub 20 every IO producer is losing money . Thus supply will fall rapidly and the price will rebalance. Simple laws of demand and supply
MgX only have 35 m to spend including continegency as that it approx 2 quartets of IH cash flow . They aren likely not going to deep below 420 m cash peak draw down so I would say not much to worry about
Alex What is milk goes back to 20 c a liter and I can buy a...
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30.0¢ |
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Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 30.5¢ | 29.5¢ | $170.6K | 567.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 15031 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 211701 | 3 |
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