MGX 0.00% 30.5¢ mount gibson iron limited

Cash at bank is over 40 cents per share , almost 45 cents I...

  1. 4,994 Posts.
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    Cash at bank is over 40 cents per share , almost 45 cents

    I really dont understand why these shares are up 3 cents on the iron ore price rise if the company is trading 12 cents under the cash at bank and the market is giving a negative value on its iron ore business.

    MGX need to do a share buy back or a special dividend in my view
 
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