MAG 4.55% 10.5¢ magmatic resources limited

Having said that, by the time they get round to doing it, the...

  1. 1,761 Posts.
    lightbulb Created with Sketch. 520
    Having said that, by the time they get round to doing it, the share price is gonna be 2c, even a capital injection at 3 times the share price is gonna be a shit deal.

    ill argue black and blue that we aren't without hope that we can get some capital investment and avoid an on market cap raise.
    Will we get a good deal now that the company has done nothing to let the share price freefall for the last 6 months? I think no chance.
 
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
10.5¢
Change
-0.005(4.55%)
Mkt cap ! $40.07M
Open High Low Value Volume
10.5¢ 10.5¢ 10.0¢ $22.63K 222.7K

Buyers (Bids)

No. Vol. Price($)
2 196490 10.0¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 19847 3
View Market Depth
Last trade - 16.10pm 03/05/2024 (20 minute delay) ?
Last
10.5¢
  Change
-0.005 ( 0.00 %)
Open High Low Volume
10.0¢ 10.5¢ 10.0¢ 66608
Last updated 15.13pm 03/05/2024 ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.