So for the year end at 126m in cash reserves.
So far we have 4 ships with 8 weeks remaining for September quarter. Its possible we could generate between $80m - $90m in cash movement with cash balance at Sept Qtr approximately $200m. Cash will be mounting very quickly. Expect a 2-3 cent dividend.
Look forward to the following:
Diggers and Dealers forum in October Peter Kerr will provide further insight.
Plateau in interest rate hikes to steady the equity markets.
Hopefully end of eastern europe war.
China contains covid and progresses with fiscal policy.
All looking positive.
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $442.6M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.0¢ | $581.8K | 1.541M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 90400 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 47216 | 2 |
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| Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |