MGT magnetite mines limited.

MGT $ 1.00 TARGET PRICE 2024, page-418

  1. 1,130 Posts.
    lightbulb Created with Sketch. 278
    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?
 
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(20min delay)
Last
6.9¢
Change
0.000(0.44%)
Mkt cap ! $8.456M
Open High Low Value Volume
7.0¢ 7.1¢ 6.8¢ $10.75K 154.8K

Buyers (Bids)

No. Vol. Price($)
1 2221 6.9¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 38000 1
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Last trade - 16.10pm 12/08/2025 (20 minute delay) ?
MGT (ASX) Chart
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