This is crazy!!
From $58 to $40
That's a 31% reduction of breakeven cost!
And look at that increase in NPV!!
How can the SP be lower than $0.080-$0.090 ??
I know the market can be irrational and eventually it will always realise the actual fair price but the anticipation is nerve wrecking!
My goodness, this news really made my day!
Ann: Magnetite Mines Confirms Benefits of Expansion at Razorback, page-14
Add MGT (ASX) to my watchlist
 (20min delay)
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Last
40.5¢ |
Change
0.030(8.00%) |
Mkt cap ! $39.86M | |||
| Open | High | Low | Value | Volume |
| 37.5¢ | 40.5¢ | 37.5¢ | $110.6K | 281.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1500 | 40.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 40.5¢ | 10754 | 2 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
40.5¢ |
Change
0.030 ( 8.00 %) |
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| Open | High | Low | Volume | ||
| 38.0¢ | 40.5¢ | 38.0¢ | 19287 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| MGT (ASX) Chart |