MGU 23.1% 1.6¢ magnum mining and exploration limited

Thinking the trading halt was a tactic to reduce the trading...

  1. 962 Posts.
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    Thinking the trading halt was a tactic to reduce the trading impact of a falling IO price. If you take today’s 8% loss over 3 days.... -2.5% per day. It’s not the bad at all, especially when you consider today’s announcement wasn’t what everyone was thinking / expecting.

    I would have thought we would have closed a lot lower if we traded on Wednesday and Thursday......
    Last edited by anatagamu: 13/08/21
 
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