Only if you are using correct IO unit prices to calculate estimated profits and clearly not everyone is doing that. For what it's worth, my projections for this quarter are that cash & investments will go from $162mil at 30Jun to ~$262mil at 30Sep with the increase attributable to an operating surplus from IO sales of ~$70mil plus the Fenix(FEX) cash and share/option value of ~$30mil from the Mid-West asset disposal.
After tax losses are fully utilised by 31Dec23 then those operating surpluses from IO sales will be subject to the 30% corporate tax rate.
Only if you are using correct IO unit prices to calculate...
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Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $454.4M | |||
| Open | High | Low | Value | Volume |
| 38.0¢ | 39.0¢ | 37.8¢ | $1.230M | 3.201M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37076 | 38.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 404397 | 13 |
View Market Depth
| Last trade - 16.10pm 30/07/2025 (20 minute delay) ? |
| MGX (ASX) Chart |