well they are ramping it up now I was advised by their investor relations they will be increasing the share buyback. So far so good but still far behind. As noted before there is approximately 230 million shares predominately held by retailers. So if the company does acquire the 110 million shares will tighten the liquidity particularly when and if a positive announcement is announced would give the stock a good kick up north. Market correction taking place - fingers crossed will give rise to more interest rates reduction and improve share valuations.
MGX Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held
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