MGX 2.38% 43.0¢ mount gibson iron limited

There is not an opportunity to invest in Australia anymore. If...

  1. 2,249 Posts.
    lightbulb Created with Sketch. 51
    There is not an opportunity to invest in Australia anymore.
    If you invest, you will lose.
    If MGX invest in iron ore, other resources or other industry in Australia, it will lose too.
    So it is much more better to return the money to shareholders as capital return and dividend with full franking credit.
    Look at other companies only very few companies make good profits.
    Lots of companies share prices are far below book value(invested money) per share.
    Last edited by Punishment: 29/10/14
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
43.0¢
Change
0.010(2.38%)
Mkt cap ! $522.4M
Open High Low Value Volume
42.5¢ 44.0¢ 42.5¢ $627.9K 1.453M

Buyers (Bids)

No. Vol. Price($)
1 19976 43.0¢
 

Sellers (Offers)

Price($) Vol. No.
43.5¢ 17500 1
View Market Depth
Last trade - 16.10pm 29/03/2024 (20 minute delay) ?
Last
43.5¢
  Change
0.010 ( 2.35 %)
Open High Low Volume
42.5¢ 44.0¢ 42.5¢ 282963
Last updated 15.59pm 29/03/2024 ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.