MGT 1.69% 29.0¢ magnetite mines limited.

Ann: Entitlement Offer closes raising $1.17M, Shortfall commenced, page-23

  1. 388 Posts.
    lightbulb Created with Sketch. 88
    100% agree and management should have thought of that before constant delays, not meeting milestones, not giving any timelines whatsover, raising capital at above market prices and not being able to achieve any investors after many many years. They were warned on multiple occasions that they just simply cant keep asking retail holders for money. They will eventually say no more. Well that time is here and management failed to understand that. Most of us knew this was going undersubscribed. How did these 'experts' in management not know ?

    Guess we can only hope they are able to rapidly sign one of the JV partners to a binding agreement in the near future.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
29.0¢
Change
-0.005(1.69%)
Mkt cap ! $28.54M
Open High Low Value Volume
29.5¢ 30.0¢ 29.0¢ $20.35K 69.13K

Buyers (Bids)

No. Vol. Price($)
3 44526 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
29.5¢ 38170 1
View Market Depth
Last trade - 16.10pm 24/07/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.