Basically puts the case that management have already put to us the last couple of weeks: new slightly higher capex for a much better return; general theme of reducing costs. Optimistic statement at end that a deal should be easily reached 'in this low interest rate environment' of 40-60 debt for equity deal...I forget which way the 40-60 was, but presumably we end up still having 60%. Read it in the coffee shop! (where I get all my financial advice; reading the tea leaves). Broker suggested a fair price of 7c a share, but not sure if that was once a deal was struck or now.
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Last
$1.13 |
Change
0.030(2.74%) |
Mkt cap ! $104.9M | |||
| Open | High | Low | Value | Volume |
| $1.12 | $1.13 | $1.12 | $24.57K | 21.89K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2187 | $1.12 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.20 | 2000 | 1 |
View Market Depth
| Last trade - 10.53am 30/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |