I am calling it a takeover offer. Just like MIS, the chinese are being forced to take control of companies to ensure cheap supply. With the power of BHP, RIO and CVRD driving all major projects, mid tier companies like MGX are the only way the chinese are able to have price control.
Just remember whatever the chinese say , there are no independent companies in China. They all tow the party line.
I am calling it a takeover offer. Just like MIS, the chinese are...
Add MGX (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $540.6M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 45.0¢ | 43.5¢ | $751.6K | 1.688M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 44.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 371734 | 9 |
View Market Depth
| Last trade - 16.10pm 05/07/2024 (20 minute delay) ? |
| MGX (ASX) Chart |