MGX 0.00% 44.0¢ mount gibson iron limited

Ann: Change of Director's Interest Notice , page-10

  1. 222 Posts.
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    Vincent191. I understand MGX is always looking for other opportunities and may be that is the reason why to parked their profit at side.( 400 plus millions )
    As small shareholders like we are, as long as the SP is stable, buyer is always willing to pay their goods for what the price is right, company can pay the dividends on track, and increase according to the profit margin.

    I also do understand it is a big concern for too many Chinese Directors in the board, and partly is the reasons for most fundmanagers keep their head down on this stocks.
    10 years mine life is a reasonable length of time for this company. well
    Time will tell, say no more.
 
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