For me MGX getting into a Copper/gold mine or Gold/silver 100-150mill etc ...and maybe even investing in a listed low cost oil producer like HZN 20-30mill
..would be a great diverse strategy.... I.O + Gold/copper/silver miner ...with hands off oil&gas investment to be sold at a later date for mutables of investment capital ..
I think we see the above action and MGX would be trading above cash backing...
but more likely MGX mgmt will continue to wait and see ...and after forever buy more I.O assets
For me MGX getting into a Copper/gold mine or Gold/silver...
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Last
30.5¢ |
Change
0.010(3.39%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.5¢ | $42.02K | 139.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104867 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 355340 | 6 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
