MGT magnetite mines limited.

Haha, nah, I wouldn't say it was like that,...

  1. 735 Posts.
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    Haha, nah, I wouldn't say it was like that, BigJohn.
    Although I did sell at a loss earlier in the year, it wasn't all that bad. Actually, a blessing in disguise, really.
    I never held many to begin with, and in hindsight, I should've exited the minute consolidation was first mentioned. I was left with about 25k shares afterwards.
    I cut my losses and sold out in Feb & lucky I did as was able to use that loss & offset my profits come tax time.
    The real loss which I can't account for of corse is in the time I held for. Will never get that back! But as you say, there's a very high degree of risk and why I only held a small parcel.
    Am I upset, bitter, angry? Hell no, not at all.
    I'm not here to downramp either and understand things I've said may come across that way because of the Sell/Not Held disclose and contrary point of view.
    On any stock, you'll see this where a non holder is labelled a downramper for comments that don't align with the majority, and yes, unfortunately, at times, this is true. They are there for their own motives. The pumpers are just as rife!

    I guess for now we have to ' agree to disagree ' until the end of year (Im tipping delays) when MGT announce a FID.
    It will be this, FID decision that will highlight whether or not "a few of my comments lately have made myself look foolish" or not.

    I'll say it as I see it. That's the idea of a forum.
    I'm happy to be wrong, sure I'll admit it. Hell, I might even change my view if new information presents and the numbers stack up.
    It certainly won't cost me anything to be wrong.
    What's it going to cost you, if your wrong BigJohn?
 
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Last
9.4¢
Change
0.004(4.44%)
Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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