Normal
I don't expect them to give it back to shareholders. History suggests MGX hoard money and don't like to pay dividends. Who knows what the future holds, but I think the difference between net cash and market cap is too large to be ignored, especially considering they are adding cash each quarter.The first opportunity saw a return from 19 cents to 27 cents. I flagged it months ago. The second opportunity will be from the next insurance payout. The third opportunity will come from the company eventually doing something with the cash. I could sell on capital gain alone. don't need a payout.
I don't expect them to give it back to shareholders. History suggests MGX hoard money and don't like to pay dividends. Who knows what the future holds, but I think the difference between net cash and market cap is too large to be ignored, especially considering they are adding cash each quarter.
The first opportunity saw a return from 19 cents to 27 cents. I flagged it months ago. The second opportunity will be from the next insurance payout. The third opportunity will come from the company eventually doing something with the cash. I could sell on capital gain alone. don't need a payout.
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