MGX 0.00% 30.0¢ mount gibson iron limited

MGX has always only paid out a very modest divi, but it is fully...

  1. 1,803 Posts.
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    MGX has always only paid out a very modest divi, but it is fully franked, and even when twice the price of the share is now they only paid .02.. so why would they change old habits which means they could use their cash elsewhere, as discussed on this forum? and it is about a 5% return atm, just saying... maybe their interim in 2018 will be better if they have not used up their bank on a new venture?
 
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