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
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Last
38.5¢ |
Change
0.005(1.32%) |
Mkt cap ! $454.4M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.0¢ | $708.8K | 1.836M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 288775 | 38.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 39.0¢ | 587578 | 9 |
View Market Depth
| Last trade - 16.10pm 07/08/2025 (20 minute delay) ? |
| MGX (ASX) Chart |