MGT magnetite mines limited.

Ann: Renounceable Rights Issue to raise up to $15.8M, page-140

  1. 3,210 Posts.
    lightbulb Created with Sketch. 1502
    It's an interesting thing to hear this from even the chart guy.

    to all those wanting to call us mad - HIOs increase in price sure is admirable. There's absolutely no denying that.

    what needs to be understood though - acknowledging it requires an open mind to understand - is that investment in MGT for many is seen as a much more risk-managed, and realistic enterprise.
    That doesn't mean we're not envious of HIOs share price, etc.
    I sure wish our share price was doing the same thing.

    but taking into account all that is known, about the magnetite market - currently, and historically - we are going about things the safest, most reliable way to retain value - even with the capital raising, etc, which people honestly should have anticipated in MGT, and to those complaining shows lack of insight in researching their investment.

    on another note - where the heck have all you other defenders been!! I've felt like I'm the only positive pete around the past few days
    good to have you guys around.
    hey buddy. Give the bank a call tomorrow. It's their job to explain this stuff to you, and they're usually really great.
 
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(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $10.43M
Open High Low Value Volume
8.8¢ 8.8¢ 8.6¢ $2.791K 31.77K

Buyers (Bids)

No. Vol. Price($)
3 54189 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 259408 3
View Market Depth
Last trade - 15.48pm 25/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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