John I’ll make the call at the time based on what’s happening but it would not be the first good project I have left because of bad management.
It’s been a total Sh#t show and still a way off with significant hurdles, management are either incompetent or deceptive.
Not sure how much support will come from government, they have just bought land off Iron Road and with AmP energy and Fortescue part funding desalination plant it looks likely DRI magnetite will be focused on the other side of the gulf.
I am sure MGT will find its feet and continue to hold and see how it plays out, as for never buying this stock well it was a different stock when I bought it and timelines were different so not sure if I trust management to maximise the potential here but will evaluate when we see some progress.
MGT $ 1.00 TARGET PRICE 2024, page-187
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Last
29.5¢ |
Change
-0.005(1.67%) |
Mkt cap ! $28.54M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.5¢ | 29.0¢ | $6.225K | 21.26K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1800 | 29.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.5¢ | 3100 | 2 |
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| Last trade - 15.16pm 03/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |