I agree mate. What I mean is that when people didn’t use the rights issue, they have devalued their own holding. Effectively we wouldn’t be at this level had the rights issue been fully funded.
haha the house is a very different game. What you described is actually what happens. The fine print of house contacts are barely read. Anyways let’s ignore that.
Yes can’t argue with the last point. What I do hope is that they have pivoted accordingly to get this mine mined.
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- Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced
MGT
magnetite mines limited.
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2.33%
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8.8¢

Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced, page-94
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Last
8.8¢ |
Change
0.002(2.33%) |
Mkt cap ! $10.78M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.5¢ | $3.717K | 43.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12784 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 1299 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 12784 | 0.085 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
1 | 700 | 0.079 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 1299 | 1 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 14.34pm 31/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |