MGX 10.8% 36.0¢ mount gibson iron limited

too confusing

  1. 644 Posts.
    lightbulb Created with Sketch. 1
    The deal with the chinese (APAC, AOL, AGL, etc) is too confusing for me. Is there any simpler explanation for this case? It seems the chinese want to take control of MGX without paying any premium. But now that they've already own 25%, can they be forced to sell to be just under 20%?
    Thanks
 
watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Last
36.0¢
Change
0.035(10.8%)
Mkt cap ! $438.6M
Open High Low Value Volume
34.0¢ 36.0¢ 33.0¢ $822.9K 2.384M

Buyers (Bids)

No. Vol. Price($)
3 59000 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
36.0¢ 71192 5
View Market Depth
Last trade - 16.10pm 14/08/2024 (20 minute delay) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.