- Joined
- 19 February 2016
- Posts
- 953
- Reactions
- 1,544
Well, now cash is up to $440 million following an insurance payout. MC up to 280 million. I don't understand how so many people miss these opportunities....
Now sitting at 40 + cents. Still have hundreds of millions in the bank. Constructing a mine with a NPV of 500$m on current spot rates.Still leaving itself open to a take over !!
A lot of past rallies have exceeded 100% gainis before petering out. So when she runs, she runs well.
S&P have added MGX to the ASX 300 at their quarterly rebalance effective March 18.
Yes, I am very excited to see what should lead to upward pressure on the SP.
Years ago I used to watch the S&P rebalance like a hawk and had a thread on another forum with the quarterly announcements. There didn't really seem any hard and fast outcomes.
I'm always cautious about being invested in anything which is undergoing a significant change that isn't routine business.There didn't really seem any hard and fast outcomes.
I'm always cautious about being invested in anything which is undergoing a significant change that isn't routine business.
My caution was unwarranted it seems. At least in the short term I was wrong - up it goes.
I do not hold.
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?