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6.0¢ magmatic resources limited

Ann: Appendix 3B, page-4

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KevS69

716 Posts.

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24/10/19

09:20

Post #: 41043899
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Originally posted by aussiepaul72: ↑

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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I personally dont think so, this stock is very tightly held and there simply isn't the volume to offload that amount of shares on market, plus the potential price increase is looking very positive

MAG Price at posting: 13.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 6.0¢		Change -0.002(3.23%)		Mkt cap ! $25.02M

Open	High	Low	Value	Volume
6.2¢	6.2¢	6.0¢	$7.534K	125.4K

Buyers (Bids)

No.	Vol.	Price($)
1	50000	5.9¢

Sellers (Offers)

Price($)	Vol.	No.
6.0¢	10000	1

View Market Depth

No.	Vol.	Price($)
1	50000	0.059
3	47750	0.058
2	70192	0.057
1	17857	0.056
2	48880	0.055

Price($)	Vol.	No.
0.060	10000	1
0.062	59964	2
0.063	65076	1
0.066	15158	1
0.069	80000	2

Last trade - 10.15am 18/09/2024 (20 minute delay)

MAG (ASX) Chart