All this money lying around.When is the management going to do something with it. They could buy a producing gold mine or even a lithium producer. Personally a gold mine would a good buy in my opinion.
Gold is going higher as the world economy gets worse and the money is just sitting idle.
This is undervalued now but a good takeover would put a rocket under it. Just my opinion.
Ann: MGX agrees A$86 million property damage insurance settlement-MGX.AX, page-50
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 31.0¢ | $500.4K | 1.571M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 107146 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 60553 | 2 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |