The Board is clearly doing a great job.
It is only shorters and people who want to get into the stock a little bit lower who keep talking negative about the board.
Reality paints a very different picture.
The fact is they have paid a 6 cent fully franked dividend in the last eight months. It is its first ever dividend!
ASX:
Code Div Amount Ex DivDate RecordDate DatePayable % Franked
MGX 4c 22/08/2011 26/08/2011 09/09/2011 100% Final 4C FRANKED @ 30%
MGX 2c 30/03/2012 05/04/2012 20/04/2012 100% Int. 2C FRANKED @ 30%
They are reporting great progress.
Expected to produce 10MTP by 2012-2013
They have zero debt.
A balance sheet most companies could only dream about with
650 mill. in cash and current assets.
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Last
28.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $341.1M |
Open | High | Low | Value | Volume |
28.5¢ | 28.5¢ | 28.0¢ | $472.2K | 1.674M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 221948 | 28.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.5¢ | 10185 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 221948 | 0.280 |
5 | 120768 | 0.275 |
3 | 137000 | 0.270 |
3 | 104609 | 0.265 |
5 | 125750 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.285 | 10185 | 2 |
0.290 | 111916 | 5 |
0.295 | 142114 | 3 |
0.300 | 128190 | 6 |
0.305 | 57410 | 3 |
Last trade - 16.10pm 09/09/2024 (20 minute delay) ? |
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