MGX 4.55% 31.5¢ mount gibson iron limited

profit downgrade, page-3

  1. 711 Posts.
    lightbulb Created with Sketch. 84
    Just picked up another 100k at 65.5c - what a bargain!

    37 million profit after tax 05/06 divided by 400 million shares = EPS 9.3c x P/E 10 = 93c
    P/E 12 = $1.16
    P/E 15 - $1.40

    + iron ore increase of 10-15% in April + 30 new rail wagons in April + increase to 3+ million tonnes next F/Y

    The above is not a ramp as this is all factual

    Cheers

    kawartha
 
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Mkt cap ! $383.7M
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33.0¢ 33.3¢ 31.0¢ $846.6K 2.641M

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4 93644 31.5¢
 

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32.0¢ 95399 2
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