MGT magnetite mines limited.
Add to My Watchlist 1.18% ! 8.6¢

It is really strange to see that people are trading MGTRE at...

  1. imoatm
    228 Posts.
    lightbulb Created with Sketch. 12
    clock Created with Sketch.
    26/04/22
    23:38
    Post #: 61031357
    It is really strange to see that people are trading MGTRE at such a high price of 1.9c. That would make the actual SP to 1.9+2.5=4.4c. It's much cheaper to directly buy from the market @ 3.2c.

    I have to say, I've never seen such abnormal/confused trade before. MGTRE should never have been traded above 0.7c, considering current SP.

    Are these people assuming similar value of MGTRE & MGT? Any other explanation?



    MGT Price at posting: 3.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Access the Latest ASX news daily on HotCopper
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS Mandalay Shareholders Overwhelmingly Approve Transaction with Alkane Resources
right-arrow Created with Sketch.
NEWS LISTEN NOW: HotCopperWire, our market watch podcast!
right-arrow Created with Sketch.
NEWS Harness the power of Australia’s leading investor community
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
8.6¢ 		Change
0.001(1.18%) 		Mkt cap ! $10.53M
Open High Low Value Volume
8.6¢ 8.6¢ 8.6¢ $198 2.3K

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
9.0¢ 257719 2
View Market Depth
Last trade - 15.37pm 30/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.