How much revenue they make doesn't matter if they never pay the profits to shareholders. The market is confident that any dividends will be small and that management will overpay for new assets and use the majority of the cash to fund new Capex.
All shareholders need to contact management with their concerns and request that larger dividends are paid as soon as possible.
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MGX
mount gibson iron limited
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1.92%
!
25.5¢

How much revenue they make doesn't matter if they never pay the...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $300.7M |
Open | High | Low | Value | Volume |
26.0¢ | 26.5¢ | 25.5¢ | $246.0K | 957.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
13 | 310672 | 25.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
26.0¢ | 621620 | 32 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 311423 | 0.255 |
15 | 1188325 | 0.250 |
6 | 291223 | 0.245 |
5 | 320873 | 0.240 |
3 | 37039 | 0.235 |
Price($) | Vol. | No. |
---|---|---|
0.260 | 621620 | 32 |
0.265 | 467848 | 19 |
0.270 | 181610 | 7 |
0.275 | 622200 | 7 |
0.280 | 263244 | 9 |
Last trade - 14.17pm 25/06/2025 (20 minute delay) ? |
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MGX (ASX) Chart |