MGT 2.04% 24.0¢ magnetite mines limited.

Ann: Renounceable Rights Issue to raise up to $15.8M, page-180

  1. 657 Posts.
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    I assume most of us are MGT holders because of the chance it could become a big company one day, I don’t see how ups or downs on the current chart or the odd bargain cash raise changes that. The cash raise paperwork was probably already done before the little clean iron ore hype pump across nearly all mag miners began last week and management saw it for the pointless pump it was and proceeded to plan. Check out the czr pump going on atm , there could be some day traders getting burned there next.
 
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