MGT 0.00% 17.0¢ magnetite mines limited.

Ann: Quarterly Activities Report, page-72

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,766 Posts.
    lightbulb Created with Sketch. 953
    The dynamic of only 77m shares vs $31m mkt cap vs 6 Billion tonnes of resources + exploration lends itself towards a spike of comprehensive proportions is on the cards.

    For my mind, this will happen sooner than later. 2023 was a crapola year for mostly All resource stocks. 2024 is more a year of green shoots with interest rate cuts on the horizon. The minuscule amount of shares on offer vs overall scope/potential of a project of this scale presents a great buy at levels sub $1.

    Considering the investment/resource definition/legwork across mining and community engagement thats been sunk in vs a $31m mkt cap on a resource on this scale. Not many stocks i see out there in the same ball park. Add it's green steel in a state making moves to secure such investment..
    Not long now.

 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
17.0¢
Change
0.000(0.00%)
Mkt cap ! $19.60M
Open High Low Value Volume
17.0¢ 17.0¢ 17.0¢ $33.25K 195.6K

Buyers (Bids)

No. Vol. Price($)
6 91389 16.5¢
 

Sellers (Offers)

Price($) Vol. No.
17.5¢ 141000 2
View Market Depth
Last trade - 16.10pm 18/10/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.