MGX 0.00% 43.0¢ mount gibson iron limited

Ann: Profit Result for FY2021 and Declaration of Final Dividend, page-70

  1. 597 Posts.
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    Thanks for the question, I have valued your comments so not sure I can answer it accurately, Generally speaking MGX know the value of their business they have been reluctant to invest the cash assets while developing Koolan Is, to me looking at the medium to long term they can reward the stable hands by removing the week hands at the bottom, without actually distracting their focus with another operation...yet,
    100% / 100 is less than 100%/75
    We do not know what the trade war with China will do to Iron Ore prices.... that is my biggest uncertainty.
 
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