are you a myopic shareholder with a day to day vision? Remember Shougang bought the shares for $2.62 and the auction price via Merrill was $2.65. What's really changed? OK, today was a bad day because of these developments. But what did you expect? What should MGX management have done - you have a chinese shareholder with a 40% stake in the company (in essence controlling the company) but won't make a formal takeover offer - they've had enough time. Would welcome your views on what MGX management should have done instead.
huge volumes, page-4
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $389.5M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.0¢ | $282.5K | 869.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 247847 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 35276 | 4 |
View Market Depth
| Last trade - 16.10pm 09/10/2024 (20 minute delay) ? |
| MGX (ASX) Chart |