To answer from my perspective. I think it is fairly valued, as share price has already hit a high of 8c without the release of PFS. Anything over 9c by conversion date and you are ahead. Iron ore demand seems undetered by world situations and the case for green steel is only getting stronger.
MGTOC MGTOD Options, page-162
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $28.05M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.5¢ | 28.0¢ | $83.65K | 296.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 16217 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 28681 | 1 |
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| Last trade - 16.10pm 04/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |