Back when mgx was 18 -19c the cash balance was 330 million odd they had a rail liability of approximately 20 million and Iron hill was not approved . Today cash balance is 457 million there is no rail liability so equivalent share price from a discount to cash basis Is approximately $.30. Back to trading at 125 million discount cash, very safe by at these levels
Back when mgx was 18 -19c the cash balance was 330 million odd...
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Last
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $296.8K | 964.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 242807 | 6 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
