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11.0¢ magmatic resources limited

Selling pressure seems to have come off..I think your probably...

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20/05/21

11:47

Post #: 53300882
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Originally posted by Green Bull: ↑

You bought too many/all of the loose stock and now Malay is struggling to get his fill...

GreedySeb93. haha

Apart from the fake sells at 23c, there's not much on offer on the sell side.

The only/pretty much all of the supply in the last 7 weeks has been from Hartleys.

Once they're out of ammo then good luck trying to get some/more - and either they're out of ammo right now or have bugger all left (nothing sold on Monday this week, which is the latest available day of data).

I have a feeling that the 2M option exercise the other day might have been them too, but they might have finished off that 2m yesterday in that silly dump down to 17.25c.

So, potentially they're out of ammo.

See how it goes over the next few trading days, before Rose Hill results come out next week, followed by more DD at Rose Hill and DD at Lady Ilse, either at the same time or one after the other (and then DD at Kingswood/Myall and drilling at Parkes too).

Which one of the targets/areas (Rose Hill, Lady Ilse, Kingswood) will produce a discovery first?!

Cheers,

GB.

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Selling pressure seems to have come off..I think your probably right GB.

lets see if we get a FOMO rally to finish the week given the expected good news next week, the cores looked good!

MAG Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.010(8.33%)		Mkt cap ! $41.98M

Open	High	Low	Value	Volume
12.0¢	12.0¢	11.0¢	$61.05K	545.8K

Buyers (Bids)

No.	Vol.	Price($)
2	18000	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	15000	1

View Market Depth

No.	Vol.	Price($)
2	18000	0.110
6	173670	0.105
7	84990	0.100
1	20000	0.097
4	80683	0.095

Price($)	Vol.	No.
0.115	15000	1
0.125	141320	2
0.130	1052785	5
0.135	450000	3
0.140	480009	6

Last trade - 16.10pm 23/04/2024 (20 minute delay)


Last 11.0¢			Change -0.010 ( 9.91 %)
Open	High		Low	Volume
12.0¢	12.0¢		11.0¢	125212
Last updated 15.52pm 23/04/2024 ?

MAG (ASX) Chart