MGU magnum mining and exploration limited

Ann: Becoming a substantial holder, page-7

  1. 21 Posts.
    lightbulb Created with Sketch. 59


    The board appears to have pivoted away from the Buena Vista project well before informing shareholders, denying us the opportunity to make informed decisions to buy or sell shares at a higher price. Instead, they implemented an internal capital raise, which effectively trapped investors and afforded the board months of operational leeway at our expense. Furthermore, on May 30, 2025, the board claimed to receive only $5,000 per month from MGU, a misleading statement, given their positions on multiple other boards, which likely provide significant additional remuneration. This pattern of deception and self-interest cannot continue. We already knew about this deal mate. The question we should be asking, is what role Antonio is going to be playing?
    Last edited by Greenisgold74: 02/06/25
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.3¢
Change
-0.001(25.0%)
Mkt cap ! $3.364M
Open High Low Value Volume
0.3¢ 0.3¢ 0.3¢ $1.11K 370.0K

Buyers (Bids)

No. Vol. Price($)
14 8731793 0.3¢
 

Sellers (Offers)

Price($) Vol. No.
0.4¢ 1802000 6
View Market Depth
Last trade - 13.32pm 17/06/2025 (20 minute delay) ?
MGU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.