Appreciate that. I believe last time I ran some numbers on MGX with conservative AUD/USD level and Iron ore price, it still came up looking very very attractive below $1 a share.
Ofcourse cash flows are uncertain, but I think being conservative with the iron ore price you punch into model helps.
Short term Bottom hit?, page-33
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Last
31.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $376.7M | |||
| Open | High | Low | Value | Volume |
| 31.3¢ | 31.3¢ | 31.0¢ | $9.479K | 30.49K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 19 | 657980 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 95286 | 11 |
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| Last trade - 10.39am 12/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |