re: mgx placement @ 17c Agreed. This is no cap. This becomes a framework for future pricing. Does provide for some dilution of future earnings, but lets face it - earnings growth potential is huge - particularly with a 2nd mine ready to come on in the not too distant future.
Already have a large position, and the progress on the second mine makes it very tempting to make the pile even bigger.
re: mgx placement @ 17c Agreed. This is no cap. This becomes a...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $142.0K | 473.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 144709 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 27772 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |