MGT magnetite mines limited.

Management, Show us the institutional investors!, page-30

  1. 328 Posts.
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    I expressed my disappointment to them a few weeks ago and have told them in the past that a consolidation is always
    painful if not backed up with something substantial. Seems the potential investors/partners were adamant it had to happen?
    Nonetheless, a low SP makes it a lot more difficult for MGT to negotiate better terms.

    Timing was completely wrong but they now have to finalise a deal ( hopefully by March ) with a major partner to get MGT steaming ahead.

    IMO, this is a great buying opportunity to average down if you believe that management has the capability to seal
    a great deal.
    If you feel that they are not capable, sell and move on is the best solution.

    My opinion only, not financial advice.
 
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(20min delay)
Last
8.8¢
Change
0.002(2.33%)
Mkt cap ! $10.78M
Open High Low Value Volume
8.6¢ 8.8¢ 8.5¢ $3.717K 43.30K

Buyers (Bids)

No. Vol. Price($)
1 12784 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 1299 1
View Market Depth
Last trade - 14.34pm 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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