The more they accumulate the more likely a takeover looks. If they like the company it is a no brainer. Buy as much as they can at less than cash backing and then offer holders something they can't refuse. All paid for by company cash given they bargain they are getting now.
Tempting to join them really.
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- Ann: Change in substantial holding-MGX.AX
MGX
mount gibson iron limited
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39.0¢

Ann: Change in substantial holding-MGX.AX, page-5
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Last
39.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $460.3M |
Open | High | Low | Value | Volume |
38.5¢ | 39.0¢ | 38.0¢ | $398.2K | 1.028M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 112413 | 38.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.0¢ | 316374 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 112413 | 0.385 |
1 | 5952 | 0.380 |
2 | 200000 | 0.375 |
1 | 100000 | 0.370 |
1 | 20000 | 0.365 |
Price($) | Vol. | No. |
---|---|---|
0.390 | 316374 | 12 |
0.395 | 346307 | 5 |
0.400 | 179912 | 12 |
0.405 | 82300 | 2 |
0.410 | 97742 | 3 |
Last trade - 16.10pm 01/08/2025 (20 minute delay) ? |
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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