MGX 1.44% 68.5¢ mount gibson iron limited

constitution change and rights issue

  1. 920 Posts.
    lightbulb Created with Sketch. 46
    The proposed amendment to the MGX constitution preventing an existing shareholder from voting on the acceptance or otherwise of such shareholder making a takeover offer would
    appear to be timely. We shareholders should I believe ensure we get our proxies in for the AGM.

    Regarding the rights issue at 60 cents on a 1 for 5 basis,
    the money may be hard to find for both institutional and private investore in this climate.

    The AGM should be very interesting.

watchlist Created with Sketch. Add MGX (ASX) to my watchlist
(20min delay)
Mkt cap ! $812.3M
Open High Low Value Volume
69.5¢ 69.5¢ 67.0¢ $1.171M 1.716M

Buyers (Bids)

No. Vol. Price($)
2 32959 68.0¢

Sellers (Offers)

Price($) Vol. No.
69.0¢ 50000 1
View Market Depth
Last trade - 16.10pm 20/10/2020 (20 minute delay) ?
-0.010 ( 1.05 %)
Open High Low Volume
69.0¢ 69.0¢ 67.0¢ 5960130
Last updated 15.59pm 20/10/2020 (live) ?
MGX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.