MGT 0.00% 16.5¢ magnetite mines limited.

MGT share price, page-230

  1. 350 Posts.
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    To some extent, I agree, but IMO, it can't be refuted that a smaller amount of SOI causes far greater intraday price fluctuations.

    To also add, the aspect of my post regarding the timing of MGT's consolidation was purely a hypothetical to assist in my explanation after noodles had a dig because of our SOI/market cap. I have absolutely no idea when or if they would consolidate (plenty of variables I can't account for) but it is a potential nonetheless.
    Lastly, I thought that it was worth adding that all of my investments are based on my analysis of
    medium-long term fundamental factors/drivers. I.e Jovial's eloquent recent post sums up my perspective nicely. I probably should have added the aforementioned into my original post for clarifications sake but everything is better in hindsight.

    No harm done - Cheers.
    Last edited by Burlzey: 12/10/20
 
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