thanks.
SPP’s are a common way to raise money with shareholders having the opportunity to not be diluted. Many did not take up that option and preferred to buy online. This ultimately costing their original holding a loss and further sinking the SP. ultimately that’s a share registry full of people hoping.
They need funding to progress. Simple as that.
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- Ann: Magnetite Mines secures up to $7M funding
MGT
magnetite mines limited.
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11.5%
!
7.7¢

Ann: Magnetite Mines secures up to $7M funding, page-29
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Last
7.7¢ |
Change
-0.010(11.5%) |
Mkt cap ! $9.436M |
Open | High | Low | Value | Volume |
8.3¢ | 8.9¢ | 7.7¢ | $119.6K | 1.486M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 92063 | 7.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.9¢ | 54874 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 92063 | 0.077 |
1 | 13162 | 0.076 |
3 | 55000 | 0.075 |
1 | 20000 | 0.073 |
6 | 50838 | 0.072 |
Price($) | Vol. | No. |
---|---|---|
0.079 | 54874 | 1 |
0.084 | 86581 | 2 |
0.090 | 206026 | 2 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
Last trade - 16.10pm 08/08/2025 (20 minute delay) ? |
MGT (ASX) Chart |