MGT magnetite mines limited.

MGT share price, page-13598

  1. 406 Posts.
    lightbulb Created with Sketch. 131
    I thought others might find this interesting.

    I was bored so I looked at the MC of FMG and the MC of RIO and divided it by MGT shares on issue currently.
    As an "FMG" it works out at a share price of $780 with a dividend of around $30/share
    Rio comparison works out at $400ish I didn't look at the divi.

    I was doing this to realise how many shares I might want to actually end up with after dilution etc.

    an investment of $3000 today, with 80% dilution against the lower of RIO example would give you a value of $800k
    Which over a 10 year period to get to this MC would be a return of 70% average per year.

    is this delusional thinking that MGT could reach that? Is my math wrong?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.5¢
Change
-0.008(8.60%)
Mkt cap ! $10.28M
Open High Low Value Volume
9.2¢ 9.2¢ 7.1¢ $70.24K 813.6K

Buyers (Bids)

No. Vol. Price($)
1 7488 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 23582 2
View Market Depth
Last trade - 15.47pm 24/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.