MGX is controlled by Big 3 over 50% and T20 pretty much takes up 75% plus. Retail does not figure in the picture. You are at thr mercy of these players. SP rises are of no concern to T20. Profits are. We held down by big wall at 54 hold that doesnt move. They dont need to sell. And the Board is heavily T20. Hence a relutance to pay dividends. They are not in the interest of T20. . Good luck with your decisions Albert. Just my opinions but the above helps me understand why I holding a dog stock and why Peter Kerr does not represent my interests as CEO. Not that my opinion matters at all. Happy Year. Love MGX. But I will join you at the exit on the next bounce into 60s. It will at least give me Green. And it will happen, just unsure when.
MGX Price at posting:
54.5¢ Sentiment: Buy Disclosure: Held
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