MAG 6.67% 6.4¢ magmatic resources limited

Ann: Fortescue to farm-in on Myall & make cornerstone investment, page-51

  1. 1,784 Posts.
    lightbulb Created with Sketch. 521
    i sold the small amount I held yesterday just before that depth at 10c dried up. I'm taking a punt that it will drop further on news of drilling, and further again in the long wait for assays following that.
    will buy back 2.5 times the amount I sold if it hits 4c again.
    I get that it's fmg, but it's a small risk for them, they have well and truly outplayed magmatic here. Magmatic put themselves in a desperate position through a string of bad choices and poor foresight.
    They've had months and months to get a drill program together. Where the heck is it?
 
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
6.4¢
Change
0.004(6.67%)
Mkt cap ! $26.69M
Open High Low Value Volume
6.5¢ 6.5¢ 6.1¢ $3.661K 58.61K

Buyers (Bids)

No. Vol. Price($)
1 50000 6.2¢
 

Sellers (Offers)

Price($) Vol. No.
6.5¢ 26409 2
View Market Depth
Last trade - 15.59pm 25/06/2024 (20 minute delay) ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.