Open for discussion here. Read during the week that there is still a chance of a knight whte to bid for MGX. What are others thoughts?
I would have though that BHP wouldn't be intersted as they have no existing interest in the mid-west of WA.
OZL, well they are looking at bolting on iron ore onto its existing suite of minerals and metals, but just completing a merge between Oxiana and Zinifex, I dobt that they are ready for an acquisition.
Other mid-west mergers....not really because one else is currntly producing AND has the cashflow that MGX is after.
I'm not sure if others like X-strata would be interested
From where I sit, I won't be approving the rights issue when put to a vote.
Others thoughts / comments?
what is the chance of a white knight
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Last
31.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $383.7M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 31.8¢ | 30.8¢ | $510.7K | 1.636M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 292984 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 68044 | 8 |
View Market Depth
| Last trade - 16.10pm 29/08/2024 (20 minute delay) ? |
| MGX (ASX) Chart |