MGT magnetite mines limited.

I don't subscribe to the dribbling and winging, the reality...

  1. 406 Posts.
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    I don't subscribe to the dribbling and winging, the reality is our market cap is sub $50M of which ~$20M is cash. we have been in long term, raised in CR's, participated in rights raise and have been told this consolidation is what is needed to bring institutional investors, we bled $15m from our market cap yesterday, at one point down $23m. I don't recall such a volatile day. I think many people gave up yesterday. we need a tangible announcement of substance to restore value in this enterprise. I will hold but it's still demoralising to what once was....
    I know , I know , it's only day 1 post consolidation and these things take time and the market is a weighing machine and all that I get it ... just once though it would be nice for something to work in our favour .. just saying ... have a good day folks ... holidays for me. take care all
 
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(20min delay)
Last
8.6¢
Change
0.001(1.18%)
Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $198 2.3K

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257719 2
View Market Depth
Last trade - 15.37pm 30/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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