So MGX is trading at a 19% discount to cash at the moment. Share price should be at 0.46 cents a share when you consider just the cash in the business.
So that means it values all of the assets, IP and everything else at $0.
Can anyone get their head around why this might be the case?
So MGX is trading at a 19% discount to cash at the moment. Share...
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 (20min delay)
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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 |
View Market Depth
| Last trade - 09.23am 26/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
Day chart unavailable
