Major shareholder buys another 12 m shares on market in last few days.
I strongly suspect a TO bid ( bid to take MGX private ) coming soon
If you buy enough shares at 25c when the stock has 40c in cash and another 2-6c coming , you ca n then lodge a TO at say a little above cash and get the final 20% of holders over the line to get to your 90% compulsory acquisition level
Ann: Change in substantial holding-MGX.AX, page-2
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
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 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
