On a brighter note what else could MGX be promising and having their wishes forfilled.
Depressed stock market and resources stocks plummeting = great time for an acquisition.
Setting up new ramp no shipments = preserving inventory whilst IO prices are depressed.
MGX share price all time lows = excellent timing for share buyback.
I think management could not be asking for better timing for all the above.
Ann: On-Market Share Buy-Back, page-45
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Last
28.5¢ |
Change
-0.030(9.52%) |
Mkt cap ! $347.2M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 28.5¢ | $1.606M | 5.434M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 34845 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 100338 | 1 |
View Market Depth
| Last trade - 16.10pm 04/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |