MGX mount gibson iron limited

I guess that explains why we have $437 million in the bank...

  1. 287 Posts.
    lightbulb Created with Sketch. 101
    I guess that explains why we have $437 million in the bank earning less than 5% interest

    https://hotcopper.com.au/data/attachments/6821/6821197-33a3711897672ee6c3f39439338c0578.jpg
    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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(20min delay)
Last
26.5¢
Change
-0.005(1.85%)
Mkt cap ! $312.5M
Open High Low Value Volume
27.0¢ 27.3¢ 26.0¢ $413.3K 1.539M

Buyers (Bids)

No. Vol. Price($)
8 338868 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 19998 1
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Last trade - 16.10pm 16/06/2025 (20 minute delay) ?
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