MGX mount gibson iron limited

The top 3 shareholders collectively hold 48.91%. Does anyone...

  1. 217 Posts.
    lightbulb Created with Sketch. 230
    The top 3 shareholders collectively hold 48.91%. Does anyone know if these are related parties?

    Everbright: 18.14%
    APAC Resources: 17.28%
    True Plus: 13.49%

    If management were to conduct a buyback, and these shareholders did not tender their shares, then their shareholding may increase to 55-60%. Does anyone know if there would be any issues around (for example, limits on foreign ownership or limits on centralized ownership for ASX stocks in general) this which might be the reason why a buyback is not happening?
 
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
26.0¢
Change
0.000(0.00%)
Mkt cap ! $306.6M
Open High Low Value Volume
25.8¢ 26.0¢ 25.5¢ $304.7K 1.176M

Buyers (Bids)

No. Vol. Price($)
8 537339 25.5¢
 

Sellers (Offers)

Price($) Vol. No.
26.5¢ 322931 8
View Market Depth
Last trade - 16.13pm 26/06/2025 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.