I thought others might find this interesting.
I was bored so I looked at the MC of FMG and the MC of RIO and divided it by MGT shares on issue currently.
As an "FMG" it works out at a share price of $780 with a dividend of around $30/share
Rio comparison works out at $400ish I didn't look at the divi.
I was doing this to realise how many shares I might want to actually end up with after dilution etc.
an investment of $3000 today, with 80% dilution against the lower of RIO example would give you a value of $800k
Which over a 10 year period to get to this MC would be a return of 70% average per year.
is this delusional thinking that MGT could reach that? Is my math wrong?
Add to My Watchlist
What is My Watchlist?
