That’s an accumulation price cap manoeuvre. Done as a why to scare holders into not buying on market as it looks like people want out.
With volumes down, you scoop up the shares you want and then remove the cap.
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MGT
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8.24%
!
7.8¢

MGT $ 1.00 TARGET PRICE 2024, page-496
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Last
7.8¢ |
Change
-0.007(8.24%) |
Mkt cap ! $9.439M |
Open | High | Low | Value | Volume |
8.1¢ | 8.1¢ | 7.8¢ | $13.25K | 167.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 52473 | 7.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 13607 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 52473 | 0.076 |
2 | 173333 | 0.075 |
2 | 55723 | 0.072 |
2 | 65774 | 0.071 |
2 | 34299 | 0.070 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 13607 | 1 |
0.080 | 77741 | 1 |
0.082 | 50000 | 1 |
0.085 | 35294 | 1 |
0.087 | 123555 | 1 |
Last trade - 15.37pm 26/06/2025 (20 minute delay) ? |
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MGT (ASX) Chart |
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Hank Holland, Chairman & CEO
Hank Holland
Chairman & CEO
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