I have been on the MGT bandwagon for a couple years. Unfortunately the price slide after the credit raise was the first nail, but the news of the consolidation was the final. I got out at 1.8c (half i sold were bought at 2.5c). As expected the price has tanked after the consolidation.
So while i probably broke even at 1.8 overall but if i were holding now i would be in red.
I will look to get back in once this settles, maybe. It is a good idea, but i doubt MGT will become a producer on their own as they need quite a few hundred of millions (Maybe a billion) and unless they do a joint venture i don't see it happening. I was interested due to what i thought the low cost CSIRO technology would be up and running by now, but in about 2 years, they have only put out a PFS, and a honestly very disappointing PFS at that.
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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 |
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| Last trade - 10.00am 31/07/2025 (20 minute delay) ? |
| MGT (ASX) Chart |
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