It's certainly a very profitable operation.
With fully diluted market cap of around $42m I reckon MYG could probably 8 bag over the next 7 years.
The upside though (and potential downside) is gold price. If we get a full on gold bull run, then it could double that figure.
The tricky bit now is to make all of this happen. The best thing you guys have going for you is a switched on management team.
here we go, page-3
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Last
77.0¢ |
Change
-0.050(6.10%) |
Mkt cap ! $70.43M | |||
| Open | High | Low | Value | Volume |
| 81.0¢ | 81.0¢ | 77.0¢ | $6.095K | 7.915K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 6551 | 77.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 80.0¢ | 3500 | 1 |
View Market Depth
| Last trade - 13.40pm 15/11/2024 (20 minute delay) ? |
| MYG (ASX) Chart |