The report was as I expected, very poor.
Cash in the bank went down by $60 million at a time when iron ore prices were at record highs.
A disgrace really.
The dividend was only 2c for a whole year, must be the worst iron ore miner on the ASX during record iron ore prices.
Might be worth buying more when the share price goes lower , but definitely not worth 90c until we get a positive quarter.
Ann: Profit Result for FY2021 and Declaration of Final Dividend, page-4
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
34.5¢ |
Change
-0.005(1.43%) |
Mkt cap ! $406.9M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 35.0¢ | 34.0¢ | $602.3K | 1.745M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 312027 | 34.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 35.0¢ | 297774 | 6 |
View Market Depth
| Last trade - 16.10pm 18/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |