Sounds fair and reasonable to me. Should definitely be put forward at the AGM or in a call or something.
Its not as if they haven't been making progress, things are moving forward. However the state of the finances in entirely within their power to resolve without resorting to begging the shareholders for more.
The 23/24 FY total staff costs were 2.1 MILLION dollars! Utterly absurd for a ultra low cap player with zero product, infrastructure or income. Its criminal.
MGT $ 1.00 TARGET PRICE 2024, page-656
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Last
12.0¢ |
Change
-0.015(11.1%) |
Mkt cap ! $13.84M | |||
| Open | High | Low | Value | Volume |
| 13.5¢ | 13.5¢ | 12.0¢ | $37.22K | 290.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 87498 | 12.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.0¢ | 4369 | 2 |
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| Last trade - 16.10pm 12/11/2024 (20 minute delay) ? |
| MGT (ASX) Chart |