With KI restarting ore sales this quarter it would be nice to see management consider additional shareholder returns to utilise some of this cash balance. MGX management have been fantastic to date. I just hope they are not holding on to this cash balance for an acquisition. Nothing wrong with running KI to the end of its life and winding up the company.
MGX - Cash Balance
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Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $224.7K | 796.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 132300 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 103176 | 2 |
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| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |