At these prices MGX looks like a cheap cash cow though, heaps of $$$ in the bank, and currently producing, not to mention extension hill comming online in the short term future.
Think back to the Russian/Chinese debarcle ~5-6 months ago.
I don't like to specualte on hear-say... but the rumour does fall within the realm of possibilty
announcement regarding no takeover, page-13
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Last
36.5¢ |
Change
-0.005(1.35%) |
Mkt cap ! $444.6M | |||
| Open | High | Low | Value | Volume |
| 36.5¢ | 37.0¢ | 36.3¢ | $395.4K | 1.080M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 193636 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.0¢ | 25000 | 1 |
View Market Depth
| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |