MGT magnetite mines limited.

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9.4¢

Ann: Change of Share Registry address, page-20

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Bludgemaster

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26/09/23

09:29

Post #: 70023701
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Originally posted by BigJohn1: ↑

Thanks for your opinion, I will use for an example FMG and PLS Both have around 3 billion shares, both have been very successful and both companies have never consolidated as far as I can see, so why would investors care about SOI? It was clearly stated in communication and mailings that if share price was over 1 dollar it would attract institutional investors like super funds, but it failed miserably, in doing so it diluted shareholders who may have held up to 5 million shares or more at the time to nothing of importance.
secondly the unmarketable parcels were share holders with small holdings that were sold off in order to save administrative cost, then we have options that got crushed in all of these changes, yet how can anyone defend these so called professional team at Mgt with the current results??
Most recently Tim Dobson has mentioned partnering by end of this year, unless I’m missing some important details or hearing things, maybe mgt should go up for sale in the interest of current SH.

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Maybe investors dont care about SOI, but maybe the execs do 8n micro caps because, generally speaking it allows them to run lifestyle compnaies, collect lots of free placements, oppies etc and of course significant remuneration for what they actually output.

MGT Price at posting: 33.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 9.4¢		Change 0.004(4.44%)		Mkt cap ! $11.37M

Open	High	Low	Value	Volume
9.1¢	9.4¢	9.0¢	$27.07K	299.3K

Buyers (Bids)

No.	Vol.	Price($)
1	2537	9.1¢

Sellers (Offers)

Price($)	Vol.	No.
9.5¢	248900	2

View Market Depth

No.	Vol.	Price($)
1	2537	0.091
4	33860	0.090
1	50000	0.089
1	28410	0.088
2	13000	0.087

Price($)	Vol.	No.
0.095	248900	2
0.100	291311	2
0.110	34618	4
0.115	44733	3
0.120	20763	2

Last trade - 16.10pm 20/06/2025 (20 minute delay)

MGT (ASX) Chart

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