40c net cash backing today already though which is a lot different than 2010 let alone 2008.
So effectively MGX has gone from around being valyed at $2.00 ps on future earnings (when share price was 2.40) to $1.10 (at todays 1.50). Which at this stage is only the next 2-3 years earnings unless prices AND demand completely collapse.
no debt and $388 mill in the bank, page-64
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $370.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.5¢ | $119.8K | 389.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 22 | 243166 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 151324 | 9 |
View Market Depth
| Last trade - 12.43pm 01/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |