My assumed SP is not cash backing, its total asset backing which includes the cash (as per last Half Yearly).
You can measure this one with a micrometer, but in the end it will be split with an axe if there is a t/o.
I suspect there will be no t/o as the chinese shareholders control the company anyway, so there is little to gain. On the other hand, they have an investment in a well placed resources company that could grow nicely with the right projects/decisions, so there is everything to lose.
3% creeping acquisition limit exceeded - takeover offer tomorrow morning?, page-32
-
- There are more pages in this discussion • 57 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
0.010(3.28%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.5¢ | 30.0¢ | $296.8K | 964.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 101000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 242807 | 6 |
View Market Depth
| Last trade - 16.10pm 02/12/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
