MAG
Click for more information
1.75% 5.8¢ magmatic resources limited

IPO - Magmatic Resources Limited, page-4

  1. Nomadic_Investor
    1,947 Posts.
    lightbulb Created with Sketch. 171
    clock Created with Sketch.
    19/05/17
    13:33
    Post #: 24795498
    A whopping 4500 shares traded in the first hour! Looks like quite a few sellers lined up around IPO price

    Maybe I'm being harsh here because I know it's a tough market at the moment, but I'm putting this as another cross against Patos (along with UUV). Like the article mentions, conditions are pretty favourable one would think for a gold float...and forgetting a stag for a moment, if you can't at least generate enough liquidity on that alone, bit concerning for my mind.

    Good luck to anyone who is holding.
    Last edited by Nomadic_Investor: 19/05/17
    MAG Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

LGP Record revenue of $10.2 million as European demand drives 40% quarterly growth, with $1 million in operating cash inflow and $0.5 million in cost savings forecast
right-arrow Created with Sketch.
NVU Nanoveu commences crucial benchmark testing for System-on-aChip (SoC) Semiconductor technology
right-arrow Created with Sketch.
NEWS ClearVue successfully raises $7.5 million via institutional placement
right-arrow Created with Sketch.
NEWS Oversubscribed share purchase plan successfully raises $2.3 million, with all applications accepted in full
right-arrow Created with Sketch.
NEWS Trending Thread: $13.0 million Institutional Placement
right-arrow Created with Sketch.
NEWS First-ever treatment for Rett syndrome approved in Canada, opening new possibilities for patients and boosting potential royalty payments—discover more about DAYBUE™'s breakthrough
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
5.8¢ 		Change
0.001(1.75%) 		Mkt cap ! $24.18M
Open High Low Value Volume
5.7¢ 5.9¢ 5.7¢ $5.569K 96.21K

Buyers (Bids)

No. Vol. Price($)
1 50000 5.5¢
 

Sellers (Offers)

Price($) Vol. No.
5.8¢ 85123 3
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.