interestingly most brokers have MGC paying a 10c dividend or so this year, rising to 30c or so over the next two years
which in the absence of any shareholder value destroying acquistion is exactly what should happen with a debt free cash cow.
An acquistion putting managements ongoing employment before their shareholders interests is my big fear.
dj mgx 1h net profit doubles to a$140 million, page-11
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $376.7M | |||
| Open | High | Low | Value | Volume |
| 31.3¢ | 32.0¢ | 30.5¢ | $318.9K | 1.025M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 202295 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 43543 | 8 |
View Market Depth
| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |