Yes jumping in and buying another operation is fraught with the danger of over-paying as they'd almost be like a forced buyer just to stay in business - it's going to come down to the attitude of the controlling HK shareholder.
MGX Price at posting:
43.5¢ Sentiment: None Disclosure: Held
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)