You have to wonder although market sentiment is playing a vital role to keeping the price down . But a company that generates between $80-$100m per qtr in free cashflow and is worth noting that collectively with our MGX cohorts on hotcopper we should do a management buy-out and in 18 months we have full payback based on current market cap. On the other hand, you have speculative Lithiums over $3.00 don't turn a profit nor have cash in the bank - you would have to question about efficient market hypothesis - which i did a thesis once upon a time, I say is a load of croc!
Share price end of August 2023, page-6
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Last
32.5¢ |
Change
0.015(4.84%) |
Mkt cap ! $395.9M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.5¢ | 31.0¢ | $1.234M | 3.812M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 109416 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 27921 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |