MGX 1.79% 27.5¢ mount gibson iron limited

great management, board=great company, page-36

  1. 20,449 Posts.
    lightbulb Created with Sketch. 2010
    Hi Luke

    MGX does lookk interesting. To me the sole determinant of how cheap it is rests on whta the IO proce will be over the next 2-5 years.
    I do think the low price means downside, although it exists is limited and i also like the fact they have a good cash balance.
    it does seems good value, the question is will it become better value



 
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