We are currently priced like this:
It's at a level when the only financial data revealed this:
2017
China was
And cash held was $108M
2021
Current data (during a global pandemic:
https://www.theguardian.com/business/2020/oct/13/imf-covid-cost-world-economic-outlook
(If you can't be bothered to look it up, the estimate says Covid cost the world $28 TRILLION!!)
Cash on hand now $774M.
Revenue 2.6X what it was back then.....
OMG 2021 took a hit with international travel stopped virtually 100%!!
AMAZEBALLS!!! Who woulda thought....
Current half year direct China sales 2021 even with the downgrade are still more than company TOTAL sales 2017.
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Time for a reality check - one of the best buys on the ASX right now..
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Last
$6.23 |
Change
-0.040(0.64%) |
Mkt cap ! $4.503B |
Open | High | Low | Value | Volume |
$6.25 | $6.27 | $6.20 | $7.270M | 1.166M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 11314 | $6.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.23 | 932 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 10964 | 6.210 |
5 | 22047 | 6.200 |
3 | 13053 | 6.190 |
1 | 1 | 6.180 |
1 | 5663 | 6.170 |
Price($) | Vol. | No. |
---|---|---|
6.230 | 159 | 1 |
6.250 | 2860 | 2 |
6.260 | 22564 | 6 |
6.270 | 12659 | 7 |
6.280 | 34166 | 12 |
Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
$6.24 |
  |
Change
-0.040 ( 0.10 %) |
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Open | High | Low | Volume | ||
$6.22 | $6.27 | $6.20 | 401590 | ||
Last updated 15.59pm 13/05/2024 ? |
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MGU
MAGNUM MINING AND EXPLORATION LIMITED
Neil Goodman, MD
Neil Goodman
MD
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