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.
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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($) | Vol. | No. |
---|---|---|
29.0¢ | 32325 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
10 | 712010 | 0.280 |
3 | 112000 | 0.275 |
2 | 85000 | 0.270 |
2 | 54609 | 0.265 |
4 | 49750 | 0.260 |
Price($) | Vol. | No. |
---|---|---|
0.295 | 122114 | 3 |
0.300 | 128733 | 3 |
0.305 | 40500 | 1 |
0.310 | 50500 | 2 |
0.315 | 398974 | 3 |
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