I've said this before but I'll repeat myself for you....
This reminds me of FMG but on a smaller scale, it traded sideways for a decade 2007 - 2018. Making Billions in profit, but wasn't loved as it only had one resource.
then on the 26/10/18, it traded at $3.83. 26 months later after management made a bold decision to use those profits for a buy back, it traded at $25.34 on 8/1/21.
Remarkable when the market woke up. The re rate will come IMHO, when management are bold and make decisions.
I've said this before but I'll repeat myself for you....This...
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 (20min delay)
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Last
26.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $306.6M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $377.1K | 1.469M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 346472 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 469051 | 8 |
View Market Depth
| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |