Exclusivity period was stated to run till 4th November so technically it probably includes today, and expires as of tomorrow, potentially meaning some update about it later today or tomorrow.
But that said, I’m not sure what the disclosure requirements are, if any, with relation to exclusivity periods ending.
In and of itself, it’s not a deadline to finalise a deal or otherwise, they can keep discussing possible agreements without an exclusivity period in place.
Last time it got extended, the trading halt and announcement was likely required because it was a formal extension of the exclusivity period and mandate, which was market sensitive news.
If they don’t extend it this time, we will all know it has ended based on the prior announcement, so they might not actually have to disclose anything at all, because there’d be nothing market sensitive requiring disclosure given the market is already informed.
If that’s the case it’s probably still fair to expect though that management might drop us a progress update, which amongst other things they might want to update on (such as product samples being received/sent to customers, BFS progress etc) would also indicate whether or not talks with Anglo are continuing, outside the expired exclusivity period.
- Forums
- ASX - By Stock
- MGU
- Green Iron Nevada USA.
Green Iron Nevada USA., page-4
-
-
- There are more pages in this discussion • 93 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MGU (ASX) to my watchlist
(20min delay)
|
|||||
Last
1.4¢ |
Change
0.001(7.69%) |
Mkt cap ! $11.33M |
Open | High | Low | Value | Volume |
1.4¢ | 1.5¢ | 1.4¢ | $28.85K | 2.053M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 450000 | 1.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.5¢ | 542751 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 450000 | 0.013 |
5 | 3015448 | 0.012 |
9 | 1560909 | 0.011 |
14 | 1654285 | 0.010 |
4 | 801200 | 0.009 |
Price($) | Vol. | No. |
---|---|---|
0.015 | 512751 | 3 |
0.016 | 700000 | 2 |
0.017 | 472407 | 4 |
0.018 | 148041 | 2 |
0.019 | 200000 | 1 |
Last trade - 16.10pm 30/08/2024 (20 minute delay) ? |
Featured News
MGU (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online