For anyone that has been following MGT for a while, it’s very clear they have been working through this project very strategically. Building the initial business case, demonstrating the project value, identifying a clear path to production with an initial low cost set up through to expansion, installing a new CEO to take things to the next level, building up a very strong leadership team/board to drive activities and so on. Funding will come, Off-takes will appear, momentum will build and MGT will grow.
Yes the share price is suffering at the moment, but I believe management’s focus is on putting everything in place to succeed and the share price will follow.
Exciting times ahead.
For anyone that has been following MGT for a while, it’s very...
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $18.93M | |||
| Open | High | Low | Value | Volume |
| 20.0¢ | 20.0¢ | 18.5¢ | $25.32K | 127.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 54545 | 18.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 20.0¢ | 81434 | 2 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| MGT (ASX) Chart |