MAG 11.5% 5.8¢ magmatic resources limited

Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-41

  1. 75 Posts.
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    An accountant, a media student and a haul truck driver walk into a bar…sounds like the start of a good joke. Lol. Very happy for their watchers to buy my shares around 11c. That equates very nicely to the same MAG market cap of $42m last year at about 14c where the share price topped out. At that $42m valuation they were rumoured to be about to hit the core or had just nicked it, were cashed up, owned 100% of the farm and had an open registry. Fast forward to today, they have optioned 75% of their Crown Jewels, no core of the system in sight and FMG has a commanding shareholding at bargain basement prices. Yes they have a better understanding of the system but that’s mostly upside to FMG now. IMHO /DYOR etc etc.
 
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5.8¢
Change
0.006(11.5%)
Mkt cap ! $24.18M
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6.0¢ 6.0¢ 5.5¢ $23.69K 417.8K

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No. Vol. Price($)
1 48352 5.8¢
 

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Price($) Vol. No.
6.0¢ 10000 1
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Last trade - 15.49pm 29/07/2024 (20 minute delay) ?
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