I imagine it has something to do with the top end of the register owning such a large portion of the company.
unless they were to buy back their shares (which they evidently don't want to do), an on market buyback would push their % up even further which may have control implications, especially as international holders
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $300.7M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.5¢ | 25.5¢ | $332.6K | 1.296M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 451256 | 25.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 704268 | 30 |
View Market Depth
| Last trade - 15.54pm 25/06/2025 (20 minute delay) ? |
| MGX (ASX) Chart |