I think there is already contingency built into the capex budget, so it could come in below the estimate. Anyway, once KI is complete MGX will be pumping out massive cash surpluses and should start trading well above cash backing. The key question is when will the market re-rate in anticipation of the re-start?
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I think there is already contingency built into the capex...
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Last
30.0¢ |
Change
0.000(0.00%) |
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($) | Vol. | No. |
---|---|---|
30.5¢ | 211701 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 37120 | 0.920 |
3 | 45770 | 0.915 |
3 | 31253 | 0.910 |
3 | 68342 | 0.905 |
2 | 44392 | 0.900 |
Price($) | Vol. | No. |
---|---|---|
0.925 | 15328 | 2 |
0.930 | 89494 | 6 |
0.935 | 70442 | 3 |
0.940 | 72592 | 7 |
0.945 | 128342 | 5 |
Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
MGX (ASX) Chart |