MGX 2.44% 42.0¢ mount gibson iron limited

well........is it a takeover or not

  1. 849 Posts.
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    So what's the go? MGX have had a week to confirm (or otherwise) that Shougang's purchase of the Russian's shareholding is a takeover bid?

    Surely within a week Shougang's position should have been clarified - wouldn't you think?

    Anyone with any news or opinions where this may go? Can Shougang dump the recently purchased shares on the market - because they have no intention to make a takeover bid?
 
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