Indeed steve, they don't last long...
MGX hit a rock bottom price of 19c per share during the GFC.
And since then the company has registered total profits of (including expected this half) about 80c per share.
You do the math... we've eliminated all debt, have a cash hoard, profiting big, and on we're sitting on a 20% discount to the profit adjusted GFC share price.
mgx words of encouragement, page-2
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
34.0¢ |
Change
0.015(4.62%) |
Mkt cap ! $413.9M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 34.0¢ | 33.0¢ | $1.090M | 3.281M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 42619 | 33.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 411301 | 5 |
View Market Depth
| Last trade - 16.10pm 11/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |