MGT 3.45% 30.0¢ magnetite mines limited.

MGT $ 1.00 TARGET PRICE 2024, page-418

  1. 1,026 Posts.
    lightbulb Created with Sketch. 253
    What would happen to this calculation though if we merged? You only have to look at TMT/AVL, Livent/Ampkell mergers to see that these sorta calculations wont work in those scenarios. I am pretty sure M&A is on the table now with the appointment of Azure Capital. I just hope it pans out for us shareholders. MGT was $1.20 when Tim joined - preconsolidation. A merger now would usually mean that we'd get offered current SP + 30% for our shares = 52 cents. I would be at -43% loss if that occurred. Thats my only concern.

    Whats your take on a merger scenario bigjohn?
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
30.0¢
Change
0.010(3.45%)
Mkt cap ! $29.53M
Open High Low Value Volume
29.0¢ 30.5¢ 29.0¢ $33.48K 113.1K

Buyers (Bids)

No. Vol. Price($)
1 8000 29.5¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 5292 2
View Market Depth
Last trade - 15.35pm 19/07/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.