The report was as I expected, very poor.
Cash in the bank went down by $60 million at a time when iron ore prices were at record highs.
A disgrace really.
The dividend was only 2c for a whole year, must be the worst iron ore miner on the ASX during record iron ore prices.
Might be worth buying more when the share price goes lower , but definitely not worth 90c until we get a positive quarter.
Ann: Profit Result for FY2021 and Declaration of Final Dividend, page-4
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Last
29.3¢ |
Change
0.008(2.63%) |
Mkt cap ! $345.0M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.5¢ | $188.6K | 653.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8661 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 349117 | 14 |
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| Last trade - 14.01pm 14/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |