Hi Goodheart
i believe Samsonrises is correct.
MGX has received two payments for the Koolan island Seawall failure - 86 M for a property damage insureance claim and 64.3 M for a business interruption claim.
The 500M is a claim raised by the insurers who paid out MGX for the above payments. Latest quarterly states it is not material to MGX
i believe there should be another two insurance payments for the fire incident which are pending - property damage and business interruption - it is unclear what the value of these claims are likely to be
mgx, page-19
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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 |
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