MGX 4.62% 34.0¢ mount gibson iron limited

wow

  1. 1,186 Posts.
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    MGX 279m in bank = 25c per share
    Current market cap 572m less 279m = 293m

    Share price 52c less 25c = 27c per share for everything else
    that’s plant/equipment/goodwill/ ship loader the whole lot

    Even if profit came in at 1 third of last year @ 172m
    Say 57m on a enterprise value of 293m that’s is almost 20% return after tax

    too good to be true

    i am lost at how much discount these sellers are factoring in
 
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Last
34.0¢
Change
0.015(4.62%)
Mkt cap ! $413.9M
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33.0¢ 34.0¢ 33.0¢ $1.090M 3.281M

Buyers (Bids)

No. Vol. Price($)
2 42619 33.5¢
 

Sellers (Offers)

Price($) Vol. No.
34.0¢ 411301 5
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Last trade - 16.10pm 11/10/2024 (20 minute delay) ?
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