Goodheart thanks for all the insight is most appreciated.
We need a few things to go north as previously mentioned.
Interest Rates need to drop
Chinese economy to get government injection
Special dividend and regular dividends
More importantly clarity by management in terms of strategy moving forward. Could be a possibility MGX may acquire partial interest in various smaller companies similar to Fenix. May become a Platinum Fund Management??
Kerr always said we will have huge cash flows and likewise said we will be on the acquisition trail.
The way it's travelling by year end $500m in the bank and next calendar year another $500m.
Tim Threadgold did say about 4 year ago that Koolan could reap between $1b to $2b in cash for MGX its looking that way.
If MGX was listed on the US would at least have a multiple of 10 times.
Goodheart thanks for all the insight is most appreciated.We need...
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.0¢ |
Change
0.005(1.15%) |
Mkt cap ! $534.5M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 43.5¢ | $178.2K | 404.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 240727 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 436449 | 4 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
44.0¢ |
Change
0.005 ( 0.57 %) |
||||
| Open | High | Low | Volume | ||
| 44.0¢ | 44.5¢ | 43.5¢ | 123351 | ||
| Last updated 15.58pm 03/05/2024 ? | |||||
| MGX (ASX) Chart |