Great FY2022 really don't understand the market cap of this company, the current market valuation is crazy low for these metrics and the strength of the underlying business.
The anode business produces $16mill of gross profit alone, once the Qinghai facility is supplying the cast house the metals business should be well north of that.
I wonder when the market will wake up to this one...
IMO GLTA
Ann: Magontec Press Release 2022 Annual Result, page-2
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Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $23.89M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $4.379K | 15.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17946 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 15350 | 1 |
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| Last trade - 14.23pm 28/06/2024 (20 minute delay) ? |
| MGL (ASX) Chart |