What it is basically is about is that the recent share transaction by Shougang who purchased 19.8% has a long link all to the one major shareholder APAC who owns 20.3% which takes that major shareholder to around 40% of MGX.
So MGX now believe that APAC have a controlling interest in the company and have exceeded the takeover provisions. So they, I beleive, wish for a ruling saying that the Shougang purchase should not proceed or that Apac should proceed to takeover MGX.
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Last
31.0¢ |
Change
0.005(1.64%) |
Mkt cap ! $380.7M |
Open | High | Low | Value | Volume |
30.5¢ | 31.5¢ | 30.5¢ | $102.9K | 330.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 234034 | 31.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
31.5¢ | 259343 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 239825 | 0.310 |
13 | 669865 | 0.305 |
28 | 647018 | 0.300 |
11 | 286628 | 0.295 |
10 | 210694 | 0.290 |
Price($) | Vol. | No. |
---|---|---|
0.315 | 262176 | 15 |
0.320 | 125362 | 8 |
0.325 | 118547 | 9 |
0.330 | 152800 | 8 |
0.335 | 242829 | 9 |
Last trade - 10.56am 02/09/2024 (20 minute delay) ? |
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