"We come as friend, help you guys out, honest we don't want the lot.....but happy, take many discounted shares."
Still view Mt. Gibson Iron ( MGX ) as possible vehicle here....33% owned by Apac, $400m cash, have been looking for a suitable opportunity in base metals for some time , WA based with remote operational experience.
Apac could flick on their holdings to MGX for a profit and maintain underlying control.
Time will tell, just hope there is a competing bid to keep them honest.
News: MLX Apac Resources Says Wishes To Be Able To Buy Metals X Shares In Potential Equity Raisings, page-2
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Last
62.5¢ |
Change
-0.030(4.58%) |
Mkt cap ! $553.9M | |||
| Open | High | Low | Value | Volume |
| 66.0¢ | 66.0¢ | 61.0¢ | $2.280M | 3.628M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 86376 | 62.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 62.5¢ | 180867 | 5 |
View Market Depth
| Last trade - 16.21pm 25/07/2025 (20 minute delay) ? |
| MLX (ASX) Chart |