Why yes I do....a shite load more than .275 cents...
In all seriousness, the consolidation was terrible for longer term shareholders. Post consolidation did however lay out a palatatable, more enticing proposition for new entrants.
Enter Tim Dobson. Compare Tim to the HIO fella, Brian and it's laughable. Was a shareholder of HIO well before my holding in MGT. Once the consolidation was done and dusted with Tim at the helm the value of MGT presented far beyond where I felt comfortable in HIO. I jumped ship mid/late 23. Took the loss. Tim simply presented as a far more professional, apt CEO.
His tenure to date has crossed off many pieces of the pie needed in order to see the project move forward. Many of which i didn't/wasn't aware of.
I genuinely believe a DFS partner is likely in the next quarter. Unfortunately Brian Grazian, to me, appears to be simply kicking the can down the road at HIO.
A good CEO like Tim is hard to find for a minnow like MGT. His application to MGT to date has seen state and federal linkage and more to the point discussions with UAE, Japanese and other Asian probabilities/possibilities as far as strategic partnerships. A steal at 27 cents is an understatement.
In a nutshell, the consolidation provided an opportunity to good to refuse given the management change that took place along with years worth of drilling that got consolidated into what was/is only 77 million shares outstanding. That with the DFS partnerships on its door...have been adding of late.
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $26.08M |
Open | High | Low | Value | Volume |
27.0¢ | 27.5¢ | 26.5¢ | $64.47K | 241.3K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 27.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
28.0¢ | 25438 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.270 |
1 | 19369 | 0.265 |
2 | 11538 | 0.260 |
2 | 12800 | 0.255 |
7 | 50883 | 0.250 |
Price($) | Vol. | No. |
---|---|---|
0.280 | 25438 | 1 |
0.290 | 34567 | 1 |
0.295 | 200000 | 1 |
0.320 | 285000 | 1 |
0.350 | 2000 | 1 |
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