MAG 3.51% 5.9¢ magmatic resources limited

Ann: Magmatic to demerge Moorefield project and IPO, page-102

  1. 1,837 Posts.
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    Yeah so do we seba10. It wouldn't be the first time I have seen a stocks movement brought to a halt as a result of a accumulation exercise , the price has been capped for a very long time and we have gone from around 35c to 21c since the 25th of May, second fall was from 29c 13th July, the chart looks like crap with I think 3 of our last 4 MS ANN's sending the S/P south on each occasion, not really enticing and we do have a very small SOI also. If the guys in the lab found lemon juice on the core samples we would be seeing a mass exodus with a scramble to get out and we are not, the price is holding very well in fact, surprisingly. It's times like these I would like to see Management or Insto's buy on market to keep movement and interest, but they have their fill why should they care. The fact that they don't appear to be displays confidence in the upcoming results.That's just my take on it and I welcome others thoughts...

 
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Last
5.9¢
Change
0.002(3.51%)
Mkt cap ! $24.60M
Open High Low Value Volume
5.9¢ 6.0¢ 5.8¢ $23.67K 401.5K

Buyers (Bids)

No. Vol. Price($)
1 76688 6.0¢
 

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Price($) Vol. No.
6.8¢ 12000 1
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Last trade - 15.38pm 28/06/2024 (20 minute delay) ?
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