MGT magnetite mines limited.

Generally I have found the reason for consolidation is quite...

  1. 1,143 Posts.
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    Generally I have found the reason for consolidation is quite simple. It’s the only way to remove power from Pip traders.
    If the share price sits at around $1, when funding the project you will have less volatility as if a pip drops you lose 1%. It’s easier to create upwards pressure.

    that’s the worst explanation but I hope someone can word it better.
 
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(20min delay)
Last
9.3¢
Change
-0.001(1.06%)
Mkt cap ! $11.25M
Open High Low Value Volume
8.9¢ 9.3¢ 8.9¢ $21.93K 244.3K

Buyers (Bids)

No. Vol. Price($)
1 6688 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.3¢ 97502 1
View Market Depth
Last trade - 15.55pm 23/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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