MGX mount gibson iron limited

Buyback will change sentiment, page-54

  1. 217 Posts.
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    The top 3 shareholders collectively hold 48.91%. Does anyone know if these are related parties?

    Everbright: 18.14%
    APAC Resources: 17.28%
    True Plus: 13.49%

    If management were to conduct a buyback, and these shareholders did not tender their shares, then their shareholding may increase to 55-60%. Does anyone know if there would be any issues around (for example, limits on foreign ownership or limits on centralized ownership for ASX stocks in general) this which might be the reason why a buyback is not happening?
 
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(20min delay)
Last
28.0¢
Change
0.020(7.69%)
Mkt cap ! $330.2M
Open High Low Value Volume
26.0¢ 28.0¢ 26.0¢ $931.2K 3.445M

Buyers (Bids)

No. Vol. Price($)
1 15166 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 361149 9
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
MGX (ASX) Chart
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