Not wrong sorry, if you’re referring to MGT. I know exactly what the capex was. You say “only” $600M which suggests that you’ve missed the point. It was $572M to $675M which was far higher than MGT were ever going to get financed, ever. In 2018, before the froth, the MGT market cap was less than $10M.
MGT and HIO are almost mirror-image stories of each other, they pump every 10 years in a bull market, then crash, hibernate, re-brand under new management, and do it all again.
Ann: HIO Strategic Review announcement, page-98
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2.8¢ |
Change
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Mkt cap ! $28.25M | |||
| Open | High | Low | Value | Volume |
| 2.7¢ | 2.8¢ | 2.7¢ | $80.36K | 2.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 981370 | 2.7¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 2.9¢ | 1194560 | 6 |
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| HIO (ASX) Chart |