MGX 1.16% 42.5¢ mount gibson iron limited

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

  1. 951 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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42.5¢
Change
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Mkt cap ! $516.3M
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43.0¢ 43.5¢ 42.5¢ $306.8K 713.2K

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No. Vol. Price($)
11 214897 42.5¢
 

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Price($) Vol. No.
43.0¢ 2695 1
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Last trade - 16.10pm 30/05/2024 (20 minute delay) ?
Last
42.5¢
  Change
-0.005 ( 1.16 %)
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43.0¢ 43.5¢ 42.5¢ 248130
Last updated 15.57pm 30/05/2024 ?
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