I would've thought mgx would've preferred this to happen later in the process.. say 2 years or more lol..
if 3mT is all set to go.. then what better time to aquire a co. but in the midst of a correction .. Sun Hung hasn't been buying this stake to act as a passive investor you wouldn't think..
what would you do if you held a stake and perhaps disagreed with flogging off magnetite particulalrly if you thought you could get more for the whole lot packaged up..
I would've thought mgx would've preferred this to happen later...
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Last
40.5¢ |
Change
-0.015(3.57%) |
Mkt cap ! $498.1M | |||
| Open | High | Low | Value | Volume |
| 42.0¢ | 42.0¢ | 40.5¢ | $655.7K | 1.597M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 166958 | 40.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 41.0¢ | 31818 | 5 |
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| Last trade - 16.10pm 24/06/2024 (20 minute delay) ? |
| MGX (ASX) Chart |