I expressed my disappointment to them a few weeks ago and have told them in the past that a consolidation is always
painful if not backed up with something substantial. Seems the potential investors/partners were adamant it had to happen?
Nonetheless, a low SP makes it a lot more difficult for MGT to negotiate better terms.
Timing was completely wrong but they now have to finalise a deal ( hopefully by March ) with a major partner to get MGT steaming ahead.
IMO, this is a great buying opportunity to average down if you believe that management has the capability to seal
a great deal.
If you feel that they are not capable, sell and move on is the best solution.
My opinion only, not financial advice.
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MGT
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3.57%
!
8.7¢

Management, Show us the institutional investors!, page-30
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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 |