No need to fret if you are a longer term holder.
MGT has many levers to increase share price and get mgtod options converted. Most covered by the analyst here. I thank Bullish and many contributors for their input. In the bfs these are the trigger points to increase share price:
1) if iron ore price stays at today's price, payback reduced to 2 years
2) scope to scale project larger
3) next ore sorting (the elephant in the room)
4) offtakes
5) cheap interest rates
6) not factored higher premium for higher grade ore
Game started to convince the masses. Damn cheap share and options price.
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MGT
magnetite mines limited.
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MGT Post-PFS To DFS share prices, page-6
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Last
8.1¢ |
Change
0.000(0.00%) |
Mkt cap ! $9.827M |
Open | High | Low | Value | Volume |
8.0¢ | 8.1¢ | 8.0¢ | $15.31K | 190.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
4 | 68590 | 8.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.1¢ | 4076 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 68590 | 0.080 |
1 | 14143 | 0.079 |
2 | 21500 | 0.078 |
3 | 111935 | 0.077 |
1 | 39473 | 0.076 |
Price($) | Vol. | No. |
---|---|---|
0.081 | 4076 | 2 |
0.082 | 19295 | 1 |
0.085 | 14784 | 1 |
0.090 | 2000 | 1 |
0.095 | 51200 | 2 |
Last trade - 15.31pm 15/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |
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CC9
CHARIOT CORPORATION LTD
Shanthar Pathmanathan, MD
Shanthar Pathmanathan
MD
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