MGT 3.57% 27.0¢ magnetite mines limited.

MGT share price, page-10744

  1. 7,279 Posts.
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    Most manipulated on the ASX is a bit extreme, but I know what you are saying. I have been watching this price action very closely, and to be honest the open and closing auctions have been the best opportunities with trading, usually though its with small volume so you cant pick up 1 million +, normally its in the 100k region.

    I bought more on the close today 275k shares at 3 cents, and its great because your getting to get in on prices that have huge queues infront , like if I wanted to buy during the day at 3cents I would be behind 10 million, but buying on auction just now you can get at a price that hardly traded all day.

    I just look at the trading now as all noise, basically nothing fundamentally changing, so its all just sentiment, if your bullish long term, then any weakness based on nothing (especially when underlying commodity is going up) is just a good opportunity, understand though its hard if you dont have funds free and just watch these bargains and cant do a thing about it. It seems though on a more general level market panic has subsided in regards to war headlines, commodites starting to get bullish, which bodes well for MGT with decision to mine coming up.
 
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Last
27.0¢
Change
-0.010(3.57%)
Mkt cap ! $26.57M
Open High Low Value Volume
30.0¢ 30.0¢ 27.0¢ $43.26K 158.8K

Buyers (Bids)

No. Vol. Price($)
2 101509 26.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 15174 1
View Market Depth
Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
MGT (ASX) Chart
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