MGT 2.78% 17.5¢ magnetite mines limited.

MGT share price, page-5539

  1. 2,237 Posts.
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    I always sit there and wonder about MGT vs MGX... Mt Gibson just never seems to be able to get much past $1b market cap even though it is crazy profitable.. different mine life etc but I just wonder in MGT will be able to push beyond $1b.. admittedly that is 6X where it stands today however there is going to be a capital raise/debt facility that will dilute shareholder gains to an extent. Realistically there is no where near enough cash to start a fully functional iron ore mine at the present moment, there will need to be a massive injection of capital from somewhere at some stage so where will that leave the share price? I feel more than confident that profitability will be part of MGT's future however I have been involved in investment long enough to know that we are still a long way out from home.
 
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Last
17.5¢
Change
-0.005(2.78%)
Mkt cap ! $19.60M
Open High Low Value Volume
18.0¢ 18.0¢ 17.0¢ $75.52K 441.0K

Buyers (Bids)

No. Vol. Price($)
1 7 17.0¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 20920 1
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Last trade - 14.03pm 14/10/2024 (20 minute delay) ?
MGT (ASX) Chart
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