Those of you saying that this should be trading at cash are ignoring the significant liabilites it had at 30/6.
$42.5m trade creditors
$40m rehabilitation provision
This would give a valuation roughly where it is now.
Moving up, page-6
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $280.0K | 911.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 261611 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 206077 | 11 |
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| Last trade - 15.07pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
