MGT 6.00% 26.5¢ magnetite mines limited.

MGT share price, page-5539

  1. 2,233 Posts.
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    I always sit there and wonder about MGT vs MGX... Mt Gibson just never seems to be able to get much past $1b market cap even though it is crazy profitable.. different mine life etc but I just wonder in MGT will be able to push beyond $1b.. admittedly that is 6X where it stands today however there is going to be a capital raise/debt facility that will dilute shareholder gains to an extent. Realistically there is no where near enough cash to start a fully functional iron ore mine at the present moment, there will need to be a massive injection of capital from somewhere at some stage so where will that leave the share price? I feel more than confident that profitability will be part of MGT's future however I have been involved in investment long enough to know that we are still a long way out from home.
 
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Last
26.5¢
Change
0.015(6.00%)
Mkt cap ! $27.08M
Open High Low Value Volume
25.0¢ 26.5¢ 25.0¢ $20.76K 80.39K

Buyers (Bids)

No. Vol. Price($)
1 90370 26.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 9600 1
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Last trade - 15.46pm 06/08/2024 (20 minute delay) ?
MGT (ASX) Chart
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