Unlikely that they will be at that cash level based on the fy16 numbers, profit margins are small As are tonnes.
They should be disbanding, selling the remaining short life assess for whatever they can, and providing the cash back to shareholders rather than targeting acquisitions to keep management and the board employed.
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MGX
mount gibson iron limited
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1.35%
!
37.5¢

Estimated fair value, page-7
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Last
37.5¢ |
Change
0.005(1.35%) |
Mkt cap ! $442.6M |
Open | High | Low | Value | Volume |
37.5¢ | 38.5¢ | 37.0¢ | $581.8K | 1.541M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 90400 | 37.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.5¢ | 47216 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 90400 | 0.370 |
3 | 106164 | 0.365 |
3 | 114600 | 0.360 |
2 | 17888 | 0.355 |
3 | 170000 | 0.350 |
Price($) | Vol. | No. |
---|---|---|
0.375 | 47216 | 2 |
0.380 | 20500 | 2 |
0.385 | 88320 | 3 |
0.390 | 259092 | 9 |
0.395 | 256057 | 2 |
Last trade - 16.10pm 23/07/2025 (20 minute delay) ? |
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MGX (ASX) Chart |