MGX 3.17% 30.5¢ mount gibson iron limited

Where is the bottom?, page-51

  1. 129 Posts.
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    No one was asking them to rush anything! They have held this cash for many years, and it’s just bad business to hold that cash for no good reason. Alright, the virus has changed a lot of things, but surely the time has come to expand! They could buy anything they want not necessarily mining! Everything will be for sale in the near future. Anybody with debt is going to have the microscope put on them by the banks. Virgin is the tip of the Iceberg. Hang on to your hats everyone.
 
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