MGT 2.63% 18.5¢ magnetite mines limited.

Management don't and can't control SP.Management owes them...

  1. 406 Posts.
    lightbulb Created with Sketch. 131
    Management don't and can't control SP.
    Management owes them nothing, own your decisions to buy, hold or sell.
    For disclosure I attended AGM, I voted and I held and I am in the red overall. I should have sold at loss and waited to take a position at a lower price, I thought this on the date the AGM agenda was set, but I was too chicken. I should have sold at .09c in the old money, the wife told me to sell and I said no, I should have sold at .05c the wife told me to sell and I said no. Own your mistakes don't blame others. I am now using my TA to trade the highs and the lows to get back to black and still have the same position.

    The SP is reflective of the market's perception of company value, not the actual company and project value. It doesn't demonstrate whether a project will or won't go ahead. The slide is happening on low volumes, it is clear to see the actual value on the high volume days.

    You bought a speculative stock and sold at a loss and now you are salty. Get over it. Move on.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
18.5¢
Change
-0.005(2.63%)
Mkt cap ! $18.93M
Open High Low Value Volume
19.0¢ 19.0¢ 18.5¢ $5.034K 26.80K

Buyers (Bids)

No. Vol. Price($)
3 42126 18.5¢
 

Sellers (Offers)

Price($) Vol. No.
19.0¢ 55478 3
View Market Depth
Last trade - 12.55pm 18/09/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.