Who wants a t/o now, just after all the capital investment and the Koolan main pit lhas been substantially derisked. Any takeover premium would only transfer value away from battlers, I.e. retail holders and super accounts.
We wouldn’t get a buck, and there’s only one potential acquirer (or one of their “related” entities) due to their substantial holding.
Price Chart- MGX, page-282
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $365.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 29.5¢ | $369.5K | 1.232M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 99993 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 180244 | 3 |
View Market Depth
| Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |