What on earth are you talking about? Things did turn sour - they turned about as sour as sour gets. destroyed their main asset and IO collapsed. MGX still has a boat load of money. And yes - MGX IS a bank account with a term deposit securely sitting there! Read the annual and half yearly reports. 287 million in term deposits.... 100 million in subordinated notes.
Muppet.
Value Opportunity, page-33
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $359.4M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 29.0¢ | $332.0K | 1.101M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 37786 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 12500 | 1 |
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| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |