MGX 1.54% 32.0¢ mount gibson iron limited

Mount Gibson Activist Campaign, page-9

  1. 360 Posts.
    What is wrong with a buy back? For a company trading at a discount to cash of 20% you get 6c return for every 5c spent. A divvie you get 5c for 5c. Save the franking credits for when it trades above cash
 
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