Consolidation can be painful in the short term but longer term is probably good for MGT.
AZI went through the process and lost value on day 1. In the following months, many of us topped up and averaged down before it rose back up above the consolidation price. Never any guarantees but I’m up 20-30% with plenty of potential upside to come.
MGT is still a good opportunity imo. I’m holding & anyone wanting to offload now feel free. Increases opportunities for the rest of us to average down at better prices!
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- Ann: Results of AGM
MGT
magnetite mines limited.
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1.18%
!
8.6¢

Ann: Results of AGM, page-16
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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($) | Vol. | No. |
---|---|---|
9.0¢ | 259408 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 54189 | 0.086 |
2 | 57119 | 0.085 |
1 | 30000 | 0.083 |
1 | 36585 | 0.082 |
2 | 206600 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 259408 | 3 |
0.092 | 100000 | 1 |
0.094 | 19800 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
Last trade - 15.48pm 25/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |
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Frazer Bourchier, Director, President and CEO
Frazer Bourchier
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