HI guys,
I will not be voting at the extraordinary Meeting to hand 40% of MY company to APAC and Shousong. NO WAY!
Furthermore, when the russian investor sold MGX to Shouong at $2.60 earlier in the year, Luke and the board approach the Foriegn Investment Board for a ruling that if APAC and Shousong hold more than 20% of the company, then they have to make a takeover bid for MGX.
Know with the proposed rights issue, these guys can hold up to 40% of the company and Tonkin and the board are happy with this! Double standards! In line with previous Foreign Investment Board ruling, if APAC and Shousong hold more than 20%, shouldn't they be forced to make a takeover bid?
Cheesed off with mgt how this has unfolded anf they won't be getting my support.
iron ore price? we sold underprice?, page-3
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
28.0¢ |
Change
-0.015(5.08%) |
Mkt cap ! $341.1M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 28.0¢ | $452.0K | 1.581M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 719630 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 32325 | 2 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MGX (ASX) Chart |