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Alex What is milk goes back to 20 c a liter and I can buy a...

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    17/04/18
    17:18
    Post #: 32508001

    Alex
    What is milk goes back to 20 c a liter and I can buy a house in Melbourne for 100k and for 10c I can buy a mix bag of lollies
    At sub 20 every IO producer is losing money . Thus supply will fall rapidly and the price will rebalance. Simple laws of demand and supply
    MgX only have 35 m to spend including continegency as that it approx 2 quartets of IH cash flow . They aren likely not going to deep below 420 m cash peak draw down so I would say not much to worry about
    MGX Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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34.0¢ 		Change
0.005(1.49%) 		Mkt cap ! $395.4M
Open High Low Volume
34.0¢ 34.0¢ 33.5¢ 67.18K

Buyers (Bids)

Vol. Price($)
27452 33.5¢
 

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Price($) Vol.
34.0¢ 2000
Last trade - 16.10pm 24/07/2026 (20 minute delay) ?
MGX (ASX) Chart
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