The Board is clearly doing a great job.
It is only shorters and people who want to get into the stock a little bit lower who keep talking negative about the board.
Reality paints a very different picture.
The fact is they have paid a 6 cent fully franked dividend in the last eight months. It is its first ever dividend!
ASX:
Code Div Amount Ex DivDate RecordDate DatePayable % Franked
MGX 4c 22/08/2011 26/08/2011 09/09/2011 100% Final 4C FRANKED @ 30%
MGX 2c 30/03/2012 05/04/2012 20/04/2012 100% Int. 2C FRANKED @ 30%
They are reporting great progress.
Expected to produce 10MTP by 2012-2013
They have zero debt.
A balance sheet most companies could only dream about with
650 mill. in cash and current assets.
great management, board=great company
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Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $536.0M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.5¢ | $500.2K | 1.139M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 95763 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 75757 | 6 |
View Market Depth
| Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |