Price Chart- MGX, page-243

Was looking at the equity security holders from late last year and interesting only 17% of the shares are predominately owned by mums and dads. The remaining by institutions APAC, True Plus, Merrill Lynch, UBS, BNP Paribas, HSBC.
The one that got me by surprise and own approximately 40 million shares are the DeBortoli Wines Nominees and their self managed super fund in the top 7 of the shareholders. I'm sure the DeBortoli family would have got some good financial advice along the way.
By in large MGX has quality fund managers and private investors.
Post June will likely see the price ramp up - how quick is anyone guess. It goes to show how quickly the price shot up from 75 cents to 90 cents only because the shares are tightly held.
As MGX continues its stripping process and coming to a close will seek out to purchase a base metal company as it embarks on it diversity of product mix and location points.
Be mindful MGX will be generating in excess of $750 million per annum and possibly $1 billion on the bottom line provided io prices continues the solid trend. Good prospects ahead and I'm sure the 83% of the major shareholders are not here for just a cut lunch. They too see the fundamentals are in play with this commodity cycle which could play out for many years to come.