Ann: Update - Notification of buy-back - MGX, page-4

First 4 Last

Share
Profile

Follow
Goodheart

2,271 Posts.

445

11/03/25

18:21

Post #: 78221804
Share

Originally posted by Samsonrises: ↑

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.

Expand

Thank you Samsorises for voicing your concern with investor relations.

Still way behind, with just 23 million bought back so far out of 122O million, and already half way through the buy back period

MGX Price at posting: 30.5¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

BBT

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

PH2

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

DYL

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASM

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

First 4 Last

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 26.5¢		Change 0.000(0.00%)		Mkt cap ! $315.5M

Open	High	Low	Value	Volume
26.5¢	27.0¢	26.5¢	$124.4K	467.3K

Buyers (Bids)

No.	Vol.	Price($)
8	194158	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.0¢	348008	18

View Market Depth

No.	Vol.	Price($)
8	194164	0.265
14	580118	0.260
5	246548	0.255
10	332000	0.250
1	250000	0.245

Price($)	Vol.	No.
0.270	348008	18
0.275	778985	13
0.280	350705	13
0.285	244050	8
0.290	99145	5

Last trade - 13.39pm 17/06/2025 (20 minute delay)

MGX (ASX) Chart

Ann: Update - Notification of buy-back - MGX, page-4

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Update - Notification of buy-back - MGX, page-4

Top Stories

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News