Chinese hold 66% of MGX, it's possible a takeover would happen as they effectively pay nothing if acquiring remaining shares at less cash backing price of 33 cents. I think shareholders would be happy if they are offering 30 cents.
Chinese hold 66% of MGX, it's possible a takeover would happen...
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Last
32.5¢ |
Change
0.005(1.56%) |
Mkt cap ! $388.8M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 32.5¢ | 32.0¢ | $89.92K | 279.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 308164 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.0¢ | 86575 | 6 |
View Market Depth
| Last trade - 10.07am 08/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |