MGX 2.44% 42.0¢ mount gibson iron limited

Hi Goodhearti believe Samsonrises is correct.MGX has received...

  1. 961 Posts.
    lightbulb Created with Sketch. 129
    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
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
42.0¢
Change
0.010(2.44%)
Mkt cap ! $510.2M
Open High Low Value Volume
41.0¢ 42.0¢ 40.5¢ $1.108M 2.659M

Buyers (Bids)

No. Vol. Price($)
1 4572 42.0¢
 

Sellers (Offers)

Price($) Vol. No.
42.5¢ 179187 6
View Market Depth
Last trade - 16.10pm 21/06/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.