The profit and dividend are, respectively, recent and unprecedented phenomena, and the Chairman himself cautioned shareholders to expect deteriorating conditions, particularly in Europe.
Given multiple years of false dawns, the market is justifiably sceptical.
And even when (if) magnesium starts to flow at Golmud, those with an eye on the geo-politics are probably going to temper their enthusiasm for a business whose future is tied to China.
Ann: Magontec Press Release 2022 Annual Result, page-6
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
-0.020(6.67%) |
Mkt cap ! $23.89M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $5.623K | 20K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 70874 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 22788 | 1 |
View Market Depth
| Last trade - 11.52am 25/06/2024 (20 minute delay) ? |
| MGL (ASX) Chart |