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11/03/25

18:21

Post #: 78221804
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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.

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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
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(20min delay)
Last 26.8¢		Change 0.003(0.94%)		Mkt cap ! $312.5M

Open	High	Low	Value	Volume
26.5¢	27.0¢	26.5¢	$52.13K	196.1K

Buyers (Bids)

No.	Vol.	Price($)
7	114703	26.5¢

Sellers (Offers)

Price($)	Vol.	No.
27.0¢	370151	18

View Market Depth

No.	Vol.	Price($)
8	219645	0.265
10	323776	0.260
5	246548	0.255
9	312000	0.250
1	250000	0.245

Price($)	Vol.	No.
0.270	148316	9
0.275	771269	11
0.280	357807	12
0.285	243981	7
0.290	99145	5

Last trade - 10.27am 17/06/2025 (20 minute delay)

MGX (ASX) Chart

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