For the year the gross income was $128,631,000, of which $108,710,000 was from alloys and $19,921,000 was from anodes. Gross profit after tax was $756,000. Not bad for a Company that had nothing only three years ago.
Net Tangible asset backing per shares at 31 December 2013 on shares issued at that time was about 3.8 cents.
I am very happy with the progress and happy to see that profit. Trading wise the number of shares on offer have been somewhat lower than buyers but the buyers contain a 1 million $ bid.
I just hope the Chinese involved can be trusted.
annual report summary, page-2
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Last
30.0¢ |
Change
0.020(7.14%) |
Mkt cap ! $23.89M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.0¢ | 29.0¢ | $4.379K | 15.09K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 17946 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.5¢ | 15350 | 1 |
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| Last trade - 14.23pm 28/06/2024 (20 minute delay) ? |
| MGL (ASX) Chart |