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
39.0¢
Change
0.010(2.63%)
Mkt cap ! $460.3M
Open High Low Value Volume
38.0¢ 39.0¢ 37.8¢ $1.129M 2.938M

Buyers (Bids)

No. Vol. Price($)
16 528955 38.5¢
 

Sellers (Offers)

Price($) Vol. No.
39.0¢ 422310 22
View Market Depth
Last trade - 15.04pm 30/07/2025 (20 minute delay) ?
MGX (ASX) Chart
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