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
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Last
37.8¢ |
Change
-0.003(0.66%) |
Mkt cap ! $445.6M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 38.0¢ | 37.5¢ | $91.79K | 243.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 8509 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 2833 | 3 |
View Market Depth
| Last trade - 15.59pm 29/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |