MGX 1.64% 31.0¢ mount gibson iron limited

MGX link to Wesfarmers Curragh Coal, page-18

  1. 1,545 Posts.
    lightbulb Created with Sketch. 60
    Mgx m'ment & board would more than likely know of a $ 'range' for the Bi claim settlement - after all, they and their advisers have to essentially prepare the 'claim' for the respective insurers consideration and review.

    The variables to their understanding of a $ range would include any underinsurance issues & penalties, technical calculation issues and then the various interpretations of all the insurers involved in the claim. So my 'guesstimate' is that they would probably know within a say, 15% to 25% range of the final settlement figure.

    As auto said, once the claim is finalised, the announcement would be considered price sensitive (or at least we hope...!!) and would need to be made.
    Last edited by macssharesforfun: 04/05/17
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
31.0¢
Change
0.005(1.64%)
Mkt cap ! $365.5M
Open High Low Value Volume
30.5¢ 31.5¢ 30.0¢ $272.5K 886.9K

Buyers (Bids)

No. Vol. Price($)
6 157040 31.0¢
 

Sellers (Offers)

Price($) Vol. No.
31.5¢ 240635 14
View Market Depth
Last trade - 14.48pm 02/12/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.