"I'm sure if it surpasses this 63 cents you won't be hearing from him again."
Why? Do you think I'll sell at 63cents?
Long term its worth far more than that, huge deposits totalling 1.7 billion tonnes. The only pellet plant in Australia currently getting US$260.80/t, share price will be double from now. Nowhere can you get these sort of returns including FMG ( next best stock)
Next dividend will be 3c/share nearly $75,000 in my pocket plus franking credits.
Total about $162,000 for the 12 months including franking credits. Tax free.
"I'm sure if it surpasses this 63 cents you won't be hearing...
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Last
42.0¢ |
Change
0.010(2.44%) |
Mkt cap ! $510.2M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 42.0¢ | 40.5¢ | $1.108M | 2.659M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4572 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 179187 | 6 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |