It is a good post, but how can MYG holders not be happy?
The deal at the time valued MYG at A$40M.
Lets face it there is no way Deflector gets financed under the MYG banner without a substantial increase in the POG. This gets them a premium without having to rely on the POG or the opportunity to get involved in a producer at a discounted price.
I can understand the frustration of MYG holders as the value was squandered by previous management, however that's not the fault of DRM & if you ask me this is their get of jail free card. (well depending where you bought in...)
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Last
$1.10 |
Change
-0.005(0.45%) |
Mkt cap ! $102.1M | |||
| Open | High | Low | Value | Volume |
| $1.10 | $1.13 | $1.10 | $12.65K | 11.39K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 16223 | $1.07 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.13 | 998 | 1 |
View Market Depth
| Last trade - 15.20pm 29/07/2025 (20 minute delay) ? |
| MYG (ASX) Chart |