The more they accumulate the more likely a takeover looks. If they like the company it is a no brainer. Buy as much as they can at less than cash backing and then offer holders something they can't refuse. All paid for by company cash given they bargain they are getting now.
Tempting to join them really.
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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 |