MGT 1.85% 26.5¢ magnetite mines limited.

Was this a shock to some really? The cash burn always indicated...

  1. 3,659 Posts.
    lightbulb Created with Sketch. 443
    Was this a shock to some really? The cash burn always indicated a CR had to be before Q4 so they got into it a touch early. There can't be a parntership deal with a cpy that has zero bank account and we needed to be viable to continue into the last phase of the negotiations. LTH would be upset once again but I came into this with eyes wide open knowing I got it cheap after the dilution from the last CR and knowing that I may be at square one by the next CR unless something astonishing was to occur. Timings a bitch but onward and forward.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
26.5¢
Change
-0.005(1.85%)
Mkt cap ! $26.08M
Open High Low Value Volume
27.0¢ 27.5¢ 26.5¢ $64.47K 241.3K

Buyers (Bids)

No. Vol. Price($)
1 10000 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 25438 1
View Market Depth
Last trade - 15.51pm 28/06/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.