I don't think MGX will go from producer to explorer with $500m - likely they will buy a mine with that sort of cash that is in production or close to production which has too much debt that needs a buyer, too small for the current operator or one that the smaller company needs to farm out a % to raise cash and has a decent mine life. The cash cow of Koolan will keep $ flowing for years yet. If you don't like this stock please sell on close and I will lift you
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
38.0¢ |
Change
0.005(1.33%) |
Mkt cap ! $448.5M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.5¢ | 37.5¢ | $378.2K | 1.004M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 35607 | 37.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 60546 | 4 |
View Market Depth
| Last trade - 16.10pm 28/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |