MAG 7.25% 6.4¢ magmatic resources limited

An accountant, a media student and a haul truck driver walk into...

  1. 74 Posts.
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    An accountant, a media student and a haul truck driver walk into a bar…sounds like the start of a good joke. Lol. Very happy for their watchers to buy my shares around 11c. That equates very nicely to the same MAG market cap of $42m last year at about 14c where the share price topped out. At that $42m valuation they were rumoured to be about to hit the core or had just nicked it, were cashed up, owned 100% of the farm and had an open registry. Fast forward to today, they have optioned 75% of their Crown Jewels, no core of the system in sight and FMG has a commanding shareholding at bargain basement prices. Yes they have a better understanding of the system but that’s mostly upside to FMG now. IMHO /DYOR etc etc.
 
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Last
6.4¢
Change
-0.005(7.25%)
Mkt cap ! $26.69M
Open High Low Value Volume
6.5¢ 6.5¢ 6.4¢ $6.264K 96.52K

Buyers (Bids)

No. Vol. Price($)
1 35235 6.4¢
 

Sellers (Offers)

Price($) Vol. No.
7.3¢ 100000 1
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Last trade - 15.41pm 22/07/2024 (20 minute delay) ?
MAG (ASX) Chart
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