when I look at the stock, particularly mining, I look at the value proposition. Is it on the balance of probabilities achievable. Do the macro thematics support ? , is it close to infrastructure. In fact I discovered this company when researching for rail infrastructure. On deeper dive the proposition is entirely credible. The next is I look at the management team. Again tick the box. Then I look at the top 20 Shareholders- ie do management have a sizeable position and therefore vested interest? . Again tick….. noall one knows if it will be a success or fizzle. What we do know is it it will be a staged development in which capital resources will be optimised to take advantage and be accretive for the future development /expansion. For me it’s a worthwhile investment but time will tell. I do not foresee that that we will see 1c at all frankly.
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MGT
magnetite mines limited.
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3.57%
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8.7¢

Ann: Appointment of Company Secretary, page-20
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Last
8.7¢ |
Change
0.003(3.57%) |
Mkt cap ! $10.66M |
Open | High | Low | Value | Volume |
8.7¢ | 8.7¢ | 8.7¢ | $3.654K | 42K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 8.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.0¢ | 206026 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3798 | 0.087 |
1 | 30000 | 0.085 |
3 | 252995 | 0.083 |
2 | 24833 | 0.082 |
2 | 153712 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 206026 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 1200 | 1 |
0.099 | 20000 | 1 |
Last trade - 15.32pm 07/08/2025 (20 minute delay) ? |
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MGT (ASX) Chart |