MGT 2.86% 18.0¢ magnetite mines limited.

Ann: Application for quotation of securities - MGT, page-11

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,694 Posts.
    lightbulb Created with Sketch. 1756
    Well it all depends on the investors circumstances/strategy, yes you could take that route, but maybe they paid top end for their options, maybe they have enough cap losses banked for the tax man, maybe they plan to buy or have bought on the market as well and lower their DCA to accommodate the options purchase; that way they have only paper loss not actual loss (if any loss)... or maybe they just believe in the company and its direction and want to do their part in helping us to producer by adding to our bank balance...

    Im not saying that this is the case, just saying people have their reasons and just because it doesn't fit one individuals trading strategy, does not make that the general consensus.
    Like I said each to their own haha.
    kind regards

    Last edited by BullishTrends: 04/11/21
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
18.0¢
Change
0.005(2.86%)
Mkt cap ! $20.76M
Open High Low Value Volume
17.5¢ 18.0¢ 17.5¢ $2.531K 14.46K

Buyers (Bids)

No. Vol. Price($)
5 67424 17.5¢
 

Sellers (Offers)

Price($) Vol. No.
18.0¢ 54903 1
View Market Depth
Last trade - 12.43pm 11/10/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.