What it is basically is about is that the recent share transaction by Shougang who purchased 19.8% has a long link all to the one major shareholder APAC who owns 20.3% which takes that major shareholder to around 40% of MGX.
So MGX now believe that APAC have a controlling interest in the company and have exceeded the takeover provisions. So they, I beleive, wish for a ruling saying that the Shougang purchase should not proceed or that Apac should proceed to takeover MGX.
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Last
31.8¢ |
Change
0.013(4.10%) |
Mkt cap ! $380.7M |
Open | High | Low | Value | Volume |
30.5¢ | 32.0¢ | 30.5¢ | $285.7K | 908.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 379909 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 66104 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 379909 | 0.315 |
14 | 1353106 | 0.310 |
12 | 662740 | 0.305 |
30 | 669982 | 0.300 |
10 | 285328 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 36132 | 11 |
0.325 | 128152 | 11 |
0.330 | 165836 | 10 |
0.335 | 251076 | 10 |
0.340 | 279856 | 5 |
Last trade - 13.00pm 02/09/2024 (20 minute delay) ? |
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