MGX 3.39% 30.5¢ mount gibson iron limited

Ann: Change in substantial holding-MGX.AX, page-6

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  1. 336 Posts.
    lightbulb Created with Sketch. 29
    Strange, holding moved by slightly less than 1% so I don't think they needed to put through a change in substantial holding.

    Final date looks off as well (Date of Change 22/09/2009 - 18/09/2015), you are obliged to put in a change notice within 2 days of your holding changing by 1% or more, so why put one in 9 months after the last transaction? Re the bid, I doubt they would get 90% shareholder approval unless it represented near the cash backing minus remediation costs.

    Good trading though, sold 13.8m shares for $28.6m, bought 28.7m shares for $32m. Net 14.9m shares at a cost of $3.4m
    upload_2016-6-17_8-47-36.png
    Last edited by ArthurDent: 17/06/16
 
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Last
30.5¢
Change
0.010(3.39%)
Mkt cap ! $365.5M
Open High Low Value Volume
29.5¢ 30.5¢ 29.5¢ $42.02K 139.7K

Buyers (Bids)

No. Vol. Price($)
2 104867 30.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 355340 6
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