MGT magnetite mines limited.
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"Share price will be 50 x 1.7c = 85c each."In theory, yes, but...

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    04/12/22
    10:36
    Post #: 65138844
    "Share price will be 50 x 1.7c = 85c each."

    In theory, yes, but in reality - and based on observation of other companies' share consolidations - the SP is more likely to be less than 85c.

    (As a wise person said: "In theory there is very little difference between theory and practice; in practice there's a hell of a lot of difference." )
    MGT Price at posting: 1.7¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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