The thing to remember too is that there is also a strategy on the table for current holders who believe in the company but also just want to lock in profits, could get the entitlement rights and take them up, then sell the current share holdings on market now. This way basically locking in profit without losing their position, so this could explain a lot of the selling as well. Locking in a 20% profit (2.5 to 3.0) without losing their position. Smart play.
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MGT
magnetite mines limited.
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1.18%
!
8.6¢

The thing to remember too is that there is also a strategy on...
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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($) | Vol. | No. |
---|---|---|
9.0¢ | 257719 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 15984 | 0.086 |
1 | 10000 | 0.085 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.090 | 257719 | 2 |
0.091 | 59558 | 1 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 15.37pm 30/07/2025 (20 minute delay) ? |
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MGT (ASX) Chart |