I guess that explains why we have $437 million in the bank earning less than 5% interest
Earning $18 million a year is not going to keep this company alive in 2.5 years.
The company/board has yet to show it is capable of buying an asset that will move this company forward for the next decade and with an accountant at the helm, I fear everything will be too expensive for him. Trust me I have spent a long time dealing with short arms, long pockets executives.
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Last
26.3¢ |
Change
-0.003(0.94%) |
Mkt cap ! $312.5M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.0¢ | 26.3¢ | $180.8K | 680.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 617192 | 26.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.5¢ | 42216 | 3 |
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| Last trade - 14.21pm 17/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |