With MGT current MC around $4.5m and over $1m cash in the bank I would have thought this announcement of $5m plus $5m plus $10m investment for 49.99% should rattle the can a bit.....alas but nothing my dear friends...time will tell.
Don't forget that MGT/ROY have already dropped over $30m in the kitty with exploration costs to date.
Seems very undervalued.
DYOR
Ann: Update on Razorback Farm-In Offer, page-2
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25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $25.55M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 24.0¢ | $99.91K | 394.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 36606 | 24.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.0¢ | 25698 | 1 |
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| Last trade - 16.10pm 08/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |