MGX mount gibson iron limited

Ann: Completion of Mid-West transaction, page-2

  1. 1,076 Posts.
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    Nice addition to the asset pot for MGX.

    $10m of cash + 60m shares worth $18.6m at Friday's close + 25m options (2 tranches exercisable @ $0.25 and @ $0.30 - so both tranches now in the money).

    With 5 shipments for the month to date plus this $10m, I estimate the cash holdings of MGX now sits at around $205m, with another shipment to leave in the next day or so (Nicola Pegasus arriving this morning) to add a further $6.5m to the cash holdings.
 
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(20min delay)
Last
37.5¢
Change
0.000(0.00%)
Mkt cap ! $442.6M
Open High Low Value Volume
37.5¢ 38.5¢ 37.5¢ $298.5K 793.8K

Buyers (Bids)

No. Vol. Price($)
6 112595 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.0¢ 86669 10
View Market Depth
Last trade - 12.31pm 28/07/2025 (20 minute delay) ?
MGX (ASX) Chart
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