"Share prices are a representation of what you think the company will be valued in 9-12 month"
And you think others are deluded?
Share prices are what people think a company is worth now, based on life of asset future expected earnings. That 9-12 month comment is bizarre.
Yes MGX has, and had always had a relatively short minelife. The issue has been rampant costs undermining what has been a remarkable iron ore price run. Management have blown a remarkable opportunity.
almost there, page-63
-
- There are more pages in this discussion • 3 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 MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
0.005(1.82%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.0¢ | 28.0¢ | $224.7K | 796.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 132300 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 103176 | 2 |
View Market Depth
| Last trade - 16.10pm 11/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |