MGX mount gibson iron limited

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

  1. 297 Posts.
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    The buy back team are caught between a rock and a hard place at the moment.

    Rule 7.33 on Monday stated highest price allowed to be paid by entity on the previous day (Friday): AUD 0.32720000

    Yesterday highest price allowed to be paid by entity on the previous day under listing rule 7.33: AUD 0.32760000

    So they are required to NOT buy shares that are over 32.75 cents, and the volume on offer is low.

    Currently the depth is

    https://hotcopper.com.au/data/attachments/6943/6943299-41fea29cb2305b9b6766063e0db1f458.jpg

    It is clear we need to ask for our dividend because this buy back has zero chance of completion unless the major shareholders open their portfolio and offer up shares.

 
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(20min delay)
Last
37.5¢
Change
-0.005(1.32%)
Mkt cap ! $442.6M
Open High Low Value Volume
38.0¢ 38.5¢ 37.5¢ $419.7K 1.105M

Buyers (Bids)

No. Vol. Price($)
5 278233 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 1830088 6
View Market Depth
Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
MGX (ASX) Chart
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