As part of the settlement for Tallering peak purchase from KSM, MGX issued the recievor with $1 million worth of MGX (then MGI) ordinary shares.
Rumour had it that several weeks ago the recievor was hawking this block around several brokers when the stock was trading around 11.5c asking 14c as part of a roadshow.
Haven't seen any crossings that would account for it so no doubt it is still sitting about and awaiting sale (or on market disposal?).
Sems strange that nearly a month after an indicated date that MGX staff supposedly informed various posters on this site that an announcement would be forthcoming re hedging and financial status of the project we are still waiting?
ksm shares
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Last
40.5¢ |
Change
-0.010(2.41%) |
Mkt cap ! $492.0M | |||
| Open | High | Low | Value | Volume |
| 41.0¢ | 41.3¢ | 40.5¢ | $167.8K | 410.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 703038 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 130774 | 21 |
View Market Depth
| Last trade - 11.14am 14/06/2024 (20 minute delay) ? |
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Last
41.0¢ |
Change
-0.010 ( 1.20 %) |
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| Open | High | Low | Volume | ||
| 41.0¢ | 41.0¢ | 40.5¢ | 252620 | ||
| Last updated 11.25am 14/06/2024 ? | |||||
| MGX (ASX) Chart |