Investing in any small cap company is a high risk investment that can make or break your portfolio, but with mgt we are at the stage that no more drilling or justification is needed for now, with over 6 billion tonnes being substantiated and demand increasing into the future, there’s never been a better time for management to get this ball rolling. With some of the big boys looking for new mines to develop mgt is a no brainer.
currently we are at 52 weeks lows in share price due to global inflation, and probably the best time to buy in for the new members.
I’ve attached a video that explains what I’m talking about here.
https://youtu.be/x3X425abMPQ?si=dazT0U0fZeC3uS0l
Understanding the demand for Green Steel, page-507
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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 |
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| Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |