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9.09% 7.0¢ magmatic resources limited

Ann: Magmatic raises $5m for drilling Copper-Gold targets, page-73

  1. Helvetet
    1,852 Posts.
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    16/03/21
    11:46
    Post #: 51798933
    The buying volume looks very strong recently yet price is falling/holding, I’m wondering whether a broker has offloaded options or something similar, “free carried” stock?

    (!) I really have no idea what brokers received in last placement, so go easy on me ;-)

    https://hotcopper.com.au/data/attachments/3004/3004764-2d84b68de2703de2fb3eb4be7c6523ea.jpg

    Last edited by Helvetet: 16/03/21
    MAG Price at posting: 10.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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Last
7.0¢ 		Change
-0.007(9.09%) 		Mkt cap ! $29.19M
Open High Low Value Volume
7.8¢ 7.8¢ 7.0¢ $12.81K 174.8K

Buyers (Bids)

No. Vol. Price($)
1 100000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.9¢ 12658 1
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