mmmm well the share price isnt that much higher since August 2020 when it $120 per tonne now its at $171 (40% increase)
I think enterprise value and resource value alignment with the commodity price isnt playing to effect with this equity due to pending announcements such as the feasibility statement not here yet.
I am possibly thinking of a retrace downwards toward $0.01 to $0.012 is on the cards until there is a substantial long term "proven" announcement instilling long term enterprise value released to the market.
good time to accumulate "if" it goes down any further.
On another note, talking about this stock going to $0.02 etc seems silly to me, if you are understanding the upside and company vision here you will be holding for the next 3.5-4.5 years until they are producing before selling.
MGT share price, page-1082
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $19.60M |
Open | High | Low | Value | Volume |
17.0¢ | 17.0¢ | 17.0¢ | $33.25K | 195.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 16.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
17.5¢ | 141000 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 91389 | 0.165 |
4 | 110000 | 0.160 |
2 | 15000 | 0.150 |
1 | 10000 | 0.145 |
1 | 20000 | 0.140 |
Price($) | Vol. | No. |
---|---|---|
0.175 | 141000 | 2 |
0.180 | 120852 | 4 |
0.185 | 51679 | 3 |
0.195 | 8310 | 3 |
0.200 | 104706 | 2 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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