MGX 279m in bank = 25c per share
Current market cap 572m less 279m = 293m
Share price 52c less 25c = 27c per share for everything else
that’s plant/equipment/goodwill/ ship loader the whole lot
Even if profit came in at 1 third of last year @ 172m
Say 57m on a enterprise value of 293m that’s is almost 20% return after tax
too good to be true
i am lost at how much discount these sellers are factoring in
wow
-
- There are more pages in this discussion • 34 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.3¢ |
Change
0.008(1.72%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $359.5K | 808.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 183558 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 303708 | 10 |
View Market Depth
| Last trade - 13.26pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |