MGX 1.30% 39.0¢ mount gibson iron limited

Ann: Koolan Island Progress Update, page-4

  1. 197 Posts.
    lightbulb Created with Sketch. 3
    No buy back at 18 cents then there won't ever be a buyback. Maybe the major shareholders loan themselves the cash as a tiny interest rate. Explains why the return is so low and why we never spend it on anything.
 
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