Not so sure about interest rates coming down in foreseeable future due to inflation and amount of money printing done in the last few years. However when next year our balance sheet is between $500M-$1B then higher rates could bring around $30M-$50M in interest payments alone to our bottom line. No debt, huge balance sheet and high interest rates is positive for MGX in following years
Not so sure about interest rates coming down in foreseeable...
-
- There are more pages in this discussion • 56 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
-0.010(3.17%) |
Mkt cap ! $371.5M | |||
| Open | High | Low | Value | Volume |
| 31.0¢ | 31.5¢ | 30.5¢ | $7.689M | 25.17M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1568943 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.0¢ | 151851 | 2 |
View Market Depth
| Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |