MAG 1.67% 5.9¢ magmatic resources limited

Ann: MAG to re-focus on East Lachlan Assets, page-35

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  1. 1,043 Posts.
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    Good luck to you Kalinda! Everyone has their own investing strategy. You are indeed right that MAG is a fairly tightly held stock with less than 120M shares on issue and management hold a significant proportion. There will always be profit takers though and those that are very short term investors. With the rapid rise in share price I'm hoping there is a consolidation that starts to build at a level that I have in mind where I'll jump aboard. The danger is I might miss out too .... but willing to take that risk at this point.
    Very happy with my fill on AQX & CWX and sitting nicely in the green on those even though CWX has risen but hasn't really run yet. Watching a few others at present like DEV, GSN & of course MAG. I like all of these for various reasons and they tick a lot of boxes but watching for now and will take up a parcel given the right entry point.
 
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Last
5.9¢
Change
-0.001(1.67%)
Mkt cap ! $24.60M
Open High Low Value Volume
6.0¢ 6.1¢ 5.8¢ $22.25K 376.7K

Buyers (Bids)

No. Vol. Price($)
1 432 5.9¢
 

Sellers (Offers)

Price($) Vol. No.
6.0¢ 29869 1
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Last trade - 15.47pm 04/10/2024 (20 minute delay) ?
MAG (ASX) Chart
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