MGT magnetite mines limited.

when I look at the stock, particularly mining, I look at the...

  1. 1,606 Posts.
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    when I look at the stock, particularly mining, I look at the value proposition. Is it on the balance of probabilities achievable. Do the macro thematics support ? , is it close to infrastructure. In fact I discovered this company when researching for rail infrastructure. On deeper dive the proposition is entirely credible. The next is I look at the management team. Again tick the box. Then I look at the top 20 Shareholders- ie do management have a sizeable position and therefore vested interest? . Again tick….. noall one knows if it will be a success or fizzle. What we do know is it it will be a staged development in which capital resources will be optimised to take advantage and be accretive for the future development /expansion. For me it’s a worthwhile investment but time will tell. I do not foresee that that we will see 1c at all frankly.
 
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(20min delay)
Last
8.6¢
Change
0.000(0.00%)
Mkt cap ! $10.53M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 79337 1
View Market Depth
Last trade - 10.00am 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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