Folks remember the two largest SH are affiliated
And I think co ownership is around 44% now .
They may aim for control , or may aim to acquire company for less than cash and the rest for the reserves and impending insurance proceeds for free. If they decide to Creep, the next 3% may be bought in the 30s as BI settlement very likely by then
3% creeping acquisition limit exceeded - takeover offer tomorrow morning?, page-14
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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 |
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| MGX (ASX) Chart |
