MGX 4.62% 34.0¢ mount gibson iron limited

sp dive, page-4

  1. 445 Posts.
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    Who can work out this 'market' - certainly not me.

    The profit is more than DOUBLED.
    FOURFOLD increase in net operating cash flow.
    Cash reserves are up around $108 million to $484 million.

    The stock has been down as much as 13 cents - WTF !!!!

    I know a lot of people put a lot of store in dividends
    but this time last year (from memory) it was only 2 cents.

    Someone please explain this to me ??

    Did the sellers actually expect a better result.

    Cheers

    Fletch
 
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