MGX 1.16% 42.5¢ mount gibson iron limited

It is a real travesty that in a day we announce strong...

  1. 4,492 Posts.
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    It is a real travesty that in a day we announce strong production numbers and free cash flow that we are up a measly 3.88%. And other companies announce fluff and are up 20% -40%. Yes we have large SOI but you can’t say that based on where we are at and our projects for next couple of years that we should be over 70c.


    Our EPS could be something like 35- 40cps. That is a P/E of 1.3-1.5.
    When does some common business sense and astute investment acumen come into play by some of the wider market participants.
 
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