MGL 0.00% 30.0¢ magontec limited

Analyst reports, Media & Presentations, page-15

  1. 271 Posts.
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    I'm interested to see what the share price will settle at if we get any momentum on this run, MGL has had at least 9 consecutive quarters of increasing NTA going by that chart and I'm expecting this last quarter to be no different.

    Im predicting we will see the NTA to be north of 75c per share and net cash to be well north of $10 million at the end of this quarter/HY. The share price discount to NTA at current is priced like MGL is a failing company. Going by the strong cash flow and the strength in the underlying anode business we should be trading well north of our NTA of 75c ($60mill MC) and more reasonably a healthy premium to NTA of something like $1 per share ($78 mill MC) imo.

    These are just my predictions so DYOR but I can't see us trading sub NTA for too much longer without the market waking up especially with our pile of cash growing so quickly, guess time will tell.


 
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Last trade - 16.12pm 19/06/2024 (20 minute delay) ?
MGL (ASX) Chart
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