re: eddie - mgx hedging? LOL.............just got a call. Gotta be quick as I'm on the way out. A comprehensive announcement re hedging will be out within the fortnight so they can't say much. They are currently finalising hedging contracts but due to cost savings,the increased ore price etc.......they are sticking to their previously forecast profits. So basically we have a stock still trading on a PE of around 2 with a forward looking PE (when Mt Gibson comes online) of 1.
Cheers,
Ed.
why the sudden increase in interest???, page-6
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Last
41.0¢ |
Change
-0.005(1.20%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.5¢ | 40.8¢ | $360.4K | 877.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 168024 | 41.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.5¢ | 80475 | 5 |
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| MGX (ASX) Chart |