re: shougang deal I think Miner allowed for the capital injection to MGX if they take up their option but didn't divide the new market cap by the new number of shares on issue....
I wouldnt value it that way myself, rather I would value it by future earnings which would leap when Shougang bought in and the new projects go ahead. Yak there are 3 research reports on the mtgibsoniron.com.au website, the Shaw one goes through valuations but it is a year old and capital costs have increased in WA apparently with the boom. The other 2 reports are much more conservative, personally I think they are too cautious but of course there is risk. Cheers.
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Last
33.0¢ |
Change
-0.010(2.94%) |
Mkt cap ! $402.0M |
Open | High | Low | Value | Volume |
33.5¢ | 33.5¢ | 33.0¢ | $788.7K | 2.379M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 161463 | 32.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
33.5¢ | 15526 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 161463 | 0.325 |
16 | 146787 | 0.320 |
9 | 267770 | 0.315 |
7 | 170941 | 0.310 |
5 | 25481 | 0.305 |
Price($) | Vol. | No. |
---|---|---|
0.335 | 15526 | 1 |
0.340 | 330614 | 7 |
0.345 | 37800 | 3 |
0.350 | 126678 | 4 |
0.355 | 37499 | 2 |
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