MGX 1.79% 27.5¢ mount gibson iron limited

great management, board=great company, page-34

  1. 712 Posts.
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    Snake26, how did your call go ?

    MGX chart does look bad and it has no similarities to AGO chart at all (as somebody mentioned above).

    Fundamentals (except of the management) look ok.
    I do not have this stock but I would not buy yet - there is a risk that SP will not stop until hitting ~ 90c level. But of course it might not...

    From my experience with other companies : good and reliable management is the MOST important factor in ANY company.

    Question is : why, after so many months, the top 3 shareholders, having enormous power (65%), did NOTHING so far to acquire some quality management ? And this is a worry because there might be a completely different game behind the scenes of which we, ordinary shareholders, are not aware of ...
 
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28.0¢ 28.5¢ 27.5¢ $270.7K 972.6K

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28.0¢ 78042 4
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