Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
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Factually incorrect
It was a mining company that floated in 2006
MXC reversed into this 4 years ago and became a cannabinoid stock
So not quite
Want more than 10% get yourself into HE1, you can give my 10% of what you make as profit )
I should have included, that had you been brave enough to invest $50,000 over the last 12 months you would now be sitting on around $100000.
MGC floated on ASX 22/12/2006 @ $3.48
By December of 2009 it traded around $0.56.
By May 2021, 15 years after it floated on ASX MGC trades around $0.061.
There are of course many more shares in circulation now than in 2006 so there is no direct correlation between company value and the share price above, but it does not change the fact that investor share value has diminished considerably over the years. You can understand why some long time holders are unhappy, and may account for some of the posters here.
Imagine if you had invested $50,000 in MGC in 2006.
You would now be sitting on $876.
Lets hope the next 15 years go a little better for investors.
Good morning life goes on, as a investor feel all good vibes and positive news from the management ...holding and adding as we stand at a bargain sp imo
Can't believe they suspended trading on asx for today's rns which is nothing new that investors knew. I wonder what will be the reaction of the aussies when they open for trading on Monday. Today, people got caught up on the spike. May be a sign of delisting on the asx very soon.
Interest rates in banks are pathetically low. No point transferring to Lloyds and receiving 0.01% when fuel prices and council taxes rise by 5%. Whilst 6 billionaires own the media in the uk there’s no point trying to oppose ****servatives. Instead try to make the best return on your hard earned cash you can. Recently I’ve made 10% on both BT and OTB. Better than a loss........