again it's a speculative stock, we're in downtrend and all markets are so since Jan. The trend is not going to change soon and speculative / growth stocks are the ones that are getting all the hammering.
I don't think there is anything that will revert the trend besides positive announcements at this stage.
I do agree that if we get a positive DFS + Funding + decision to mine then this will rocket well beyond 5c, more like 10+c I guess. But between now and then we may see price going down...
FYI it's my biggest holding so I'm trying to be positive but also realistic...
MGT
magnetite mines limited.
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8.9¢

MGT share price, page-11744
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Last
8.9¢ |
Change
0.001(1.14%) |
Mkt cap ! $10.90M |
Open | High | Low | Value | Volume |
8.8¢ | 8.9¢ | 8.8¢ | $2.975K | 33.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 57411 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.085 |
1 | 66860 | 0.083 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 57411 | 2 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 11.13am 01/08/2025 (20 minute delay) ? |
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MGT (ASX) Chart |
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Hartley Atkinson, CEO & Founder
Hartley Atkinson
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