At 42c MGL still have 60% to go before they are even trading breakeven to NTA. Dont think I know of any other profitable, dividend paying companies with a strong net cash position trading at such a discount to assets at MGL.
Still a long way to go before this revaluation is finished IMO
Ann: Magontec Press Release 2022 Annual Result, page-5
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Last
30.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $23.89M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 111 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 15350 | 1 |
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| Last trade - 16.12pm 01/07/2024 (20 minute delay) ? |
| MGL (ASX) Chart |
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