What a shocker of a report. A loss of $93.5 million during an iron ore BOOM.
The loss after tax reduced by a $27.8 million tax benefit
Net assets reduced by nearly 10c/ share to 53c /share
Another 16 million odd shares added to the pot.
No dividend.... obviously can't afford one with such a huge LOSS
Surely MGX can only get better from here, I'd doubt it could get much worse during an iron ore boom.
Ann: December 2021 - Half - Year Financial Result Cover Release, page-2
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