MAG 9.86% 7.8¢ magmatic resources limited

Ann: Appendix 3B, page-2

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    Be interesting to see whether we see a sell down on MAG with the release in this Appendix 3B of 10,375,000 new shares on to the market as Tranche 1 of the recent capital raising at 8c. With the share price closing at 13c today, must be very tempting to sell for a quick and handy profit. Anyway be interesting to see what happens over the next few days.
 
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