In my view I'm not so sure the Chinese or Russians want to t/o MGX; I think its more about Board influence/control and getting strategic access to product.
I cant see them acting in the best interests of the shareholding community generally.
Disappointing results, with the sp now reflecting that.
At this price I wouldnt be surprised to see some more price retracing to the 60's and then even possibly interest from another quarter on the depressed sp.
Turning into a good punt going sour atm.
results out, page-7
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Last
33.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $408.1M | |||
| Open | High | Low | Value | Volume |
| 33.5¢ | 33.8¢ | 33.0¢ | $475.3K | 1.428M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 3000 | 33.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 137710 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |