MGT is at 52 week low this week, as for long term investors who still hold, we have done everything possible by buying in the down trend, investing in the options that were convertible in May 23 and failed miserably due to consolidation and false promises, and most of all being patient with the management and board of directors.
When we call Gemma we are told everyone is working hard and and it’s all fine with Intersted investors in the sidelines, visits to the site and so on.
Recently the director stepped down with no reasons behind the decision, it’s time that all Mgt team start making them selves accountable to the SP, they will use the excuse that they don’t control what happens, but eventually the retail investors will not even look at this stock. Yesterday I bought something else instead of mgt, and today it’s nice to actually see some green writing instead the red I’ve been looking at for almost 3 years.
My message to the whole MGT team is, NEXT WEEK PULL YOUR FINGERS OUT OF YOUR BUM HOLES AND START TURNING THIS THING AROUND. If you think I’m being harsh, then look at the 52 week low of share price and ask your selves who’s to blame.
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MGT
magnetite mines limited.
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9.4¢

MGT is at 52 week low this week, as for long term investors who...
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Last
9.4¢ |
Change
0.004(4.44%) |
Mkt cap ! $11.37M |
Open | High | Low | Value | Volume |
9.1¢ | 9.4¢ | 9.0¢ | $27.07K | 299.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2537 | 9.1¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 248900 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2537 | 0.091 |
4 | 33860 | 0.090 |
1 | 50000 | 0.089 |
1 | 28410 | 0.088 |
2 | 13000 | 0.087 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 248900 | 2 |
0.100 | 291311 | 2 |
0.110 | 34618 | 4 |
0.115 | 44733 | 3 |
0.120 | 20763 | 2 |
Last trade - 16.10pm 20/06/2025 (20 minute delay) ? |
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MGT (ASX) Chart |