It’s a very unusual company, for all the cash they have held, unlike other companies it has never inspired the board to do anything .... equally as APAC, a big investment house, owns roughly a 1/3, as an investor they have never obviously pushed for the cash to be put to better use .... it borders on bizarre to me.
Anyway at these prices I agree going forward it must be a reasonable buy.
MGX Price at posting:
48.5¢ Sentiment: Hold Disclosure: Held
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