It boggles the mind how this company is trading at an EV of less than 100m (ex cash)
I find comfort in the classic quote "the market can stay irrational longer than you can stay solvent" in the sense that these prices are unbelievably irrational, but they will, one day, turn.
For reference also, IO up again last night to 120.60/T - YES, UP IN THE MIDST OF THE CARNAGE & obviously AUD substantially lower again - trading in the 91's now...
The values metrics keeps getting better, just have to hold until sentiment turns
io @ 120/t & aud @ 92.x, page-12
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Last
43.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $523.8M | |||
| Open | High | Low | Value | Volume |
| 43.0¢ | 43.5¢ | 43.0¢ | $89.22K | 207.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1278 | 43.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 43.5¢ | 58576 | 4 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |