A very poor set of results IMO. I too am losing patience with MGX.
1.Negative operational cash flow. How MGX can manage that when prices are so high?
2. Eps of only 1.76cps on continuing operations - shocking
3. Operational profit incl $18.7M from discontinued operations
4. MGX says it continues to have operational difficulties obtaining experienced staff. Means profit won't improve soon.
The presence of the Russians and Chinese is the only positive factor thats stopping the share price plummet
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 33.0¢ | $475.3K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 137710 | 1 |
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| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |