MGT magnetite mines limited.
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Ann: Notice of Annual General Meeting/Proxy Form, page-3

  1. MrIntermission
    72 Posts.
    lightbulb Created with Sketch. 10
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    21/10/22
    10:54
    Post #: 64316758
    By the looks of it yes!
    50:1 is the largest consolidation i have seen for some time. So if you own 150,000 shares you will end up with 3,000 and from my experience value will keep dropping!
    Perhaps everyone needs to attend AGM virtually and vote against performance rights issue because you would have to ask WHAT PERFORMANCE?!
    All in my opinion of course
    DYOR

    MGT Price at posting: 2.1¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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8.6¢ 		Change
0.001(1.18%) 		Mkt cap ! $10.43M
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