Just saying, as a major shareholder APAC/Shougang would need to offer top dollar otherwise run foul of minority shareholder rules (and to get it over the line without their vote). An unrelated party would be freer to offer what ever they liked.
I'd be quite happy if anybody took out MGX at a, say, 20% premium to EV. I sold my last tranche of MGX at $3.20 (yep, some time ago); the ones I hold now are "free".
Just saying, as a major shareholder APAC/Shougang would need to...
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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 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |
