Forecast dividend yield of 7.5%
Price target (12mth) on DCF = $1.25
Price target (12 mth) on PE = $1.25 - $1.50
No premium for consolidation etc.
Even if it hits $1.10 thats 30% capital growth in one year.
Not bad for a cost of 1.5% before tax deductions.
Don't forget Iron Ore price has been settled and the fundamentals of india, China have not changed and Euro + Japs are going great guns this year too.
one for the margin loan
-
- There are more pages in this discussion • 4 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
30.5¢ |
Change
-0.005(1.61%) |
Mkt cap ! $370.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 30.5¢ | $222.5K | 726.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 97293 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 12253 | 2 |
View Market Depth
| Last trade - 16.10pm 13/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |