MGX 0.00% 43.5¢ mount gibson iron limited

Ann: Completion of Mid-West transaction, page-2

  1. 944 Posts.
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    Nice addition to the asset pot for MGX.

    $10m of cash + 60m shares worth $18.6m at Friday's close + 25m options (2 tranches exercisable @ $0.25 and @ $0.30 - so both tranches now in the money).

    With 5 shipments for the month to date plus this $10m, I estimate the cash holdings of MGX now sits at around $205m, with another shipment to leave in the next day or so (Nicola Pegasus arriving this morning) to add a further $6.5m to the cash holdings.
 
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Mkt cap ! $528.4M
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44.0¢ 44.0¢ 43.0¢ $238.7K 548.1K

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8 214534 43.0¢
 

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Price($) Vol. No.
43.5¢ 21506 2
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Last trade - 16.10pm 14/05/2024 (20 minute delay) ?
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