MGX 1.52% 33.5¢ mount gibson iron limited

40c net cash backing today already though which is a lot...

  1. 822 Posts.
    40c net cash backing today already though which is a lot different than 2010 let alone 2008.

    So effectively MGX has gone from around being valyed at $2.00 ps on future earnings (when share price was 2.40) to $1.10 (at todays 1.50). Which at this stage is only the next 2-3 years earnings unless prices AND demand completely collapse.

 
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33.5¢
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34.0¢ 35.0¢ 33.5¢ $359.3K 1.053M

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No. Vol. Price($)
8 194565 33.5¢
 

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34.0¢ 338899 32
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