MGX 1.15% 44.0¢ mount gibson iron limited

Have to agree with Rocket. toss a dividend remaons...

  1. 2,914 Posts.
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    Have to agree with Rocket. toss a dividend remaons unlikely.
    Ignore the Kerr Club for a moment. MGX clearly missed an IO boom. It caught the IO slump. Is also now a one trick pony. Mr Market is very wary of MGX. A further reason is the tightly held control of over 50% by a couple of holders. And a Board loaded with T20.
    Certainly toss, today was good news.
    Which we all knew anyway.
    Now we drop for a month waiting on an Annual. Its a bit of let down teally, although green looks good ahead. Surely MGX cant stuff this up now
 
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