There used to be (and probably still exist), creep provisions, 1% a year, when above 20% without having to launch a full t/o offer. It was a long time ago, so I might be wrong. There could be FIRB issues also, but given the size of MGX and it’s assets, I do not see that being a problem. They let GBG deal through.
the ownership structure, I think, holds the share price back, due to potential misalignment with other shareholder’s interests. In this case, no mention of considering buybacks.
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Last
36.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $444.6M |
Open | High | Low | Value | Volume |
37.0¢ | 37.0¢ | 36.5¢ | $244.0K | 664.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 118094 | 36.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
37.0¢ | 50000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 118094 | 0.365 |
11 | 454572 | 0.360 |
6 | 166500 | 0.355 |
5 | 141409 | 0.350 |
4 | 165799 | 0.345 |
Price($) | Vol. | No. |
---|---|---|
0.370 | 50000 | 2 |
0.375 | 45000 | 2 |
0.380 | 108000 | 5 |
0.385 | 61388 | 3 |
0.390 | 166981 | 5 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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MGX (ASX) Chart |