MGT magnetite mines limited.
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Traders got into the game today taking advantage of confusion...

  1. Skikko
    247 Posts.
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    07/12/22
    15:15
    Post #: 65200146
    Traders got into the game today taking advantage of confusion due to the consolidation effect to price. Those who snatched shares at 50c were very lucky.
    The SP trend was bearish prior to consolidation, I think Turiddu in his TA stated this was heading towards 0.01c (which is now the equivalent of 0.5c after consolidation).
    Looks like SP is stabilizing around the 60-70c mark (0.012c - 0.014c pre consolidation). I bought a very small parcel at 64c today.
    Last edited by Skikko: 07/12/22
    MGT Price at posting: 1.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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