@Galba
I personally don't think I can contribute much more than the rest of the audience.
That said, circa 10,000,000 shares have traded so far today at an estimated average of 7.5 cents.
MAG could have raised that sort of coin from the faithful shareholders last Spring, maybe even twice, got another Drilling Round or two completed, might have hit a few decent zones and Farmed out just 51% on terms that the likes of ENR and even little SRI have done with the Majors in the past.............. yes I know SRI has seen its situation evaporate, but better deals have been done with less share dilution.
But there you go, Deep Pockets were always on the cards ................... I just don't understand why MAG didn't milk their Loyal Shareholders for every cent over the last year or so.
Post a bit of Drilling Success they could have tarted themselves to a Large Cap and maybe Farmed-Out less for more.
You know, ridden the Boys from the Big End of Town like a rented mule......................well that's what I would have done
However, it is what it is.
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Last
8.3¢ |
Change
-0.002(2.35%) |
Mkt cap ! $31.67M |
Open | High | Low | Value | Volume |
8.6¢ | 8.6¢ | 8.3¢ | $36.34K | 429.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 6200 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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8.7¢ | 10000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6200 | 0.082 |
2 | 62000 | 0.081 |
5 | 125022 | 0.080 |
1 | 10000 | 0.077 |
2 | 60000 | 0.075 |
Price($) | Vol. | No. |
---|---|---|
0.087 | 10000 | 1 |
0.099 | 88430 | 1 |
0.100 | 108763 | 3 |
0.105 | 10000 | 1 |
0.110 | 652360 | 10 |
Last trade - 15.49pm 27/05/2024 (20 minute delay) ? |
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Last
8.3¢ |
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Change
-0.002 ( 2.72 %) |
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Open | High | Low | Volume | ||
8.5¢ | 8.5¢ | 8.2¢ | 122684 | ||
Last updated 15.49pm 27/05/2024 ? |
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