MGT magnetite mines limited.

The graph i posted is similar to thousands at the moment....

  1. 2,856 Posts.
    lightbulb Created with Sketch. 1031
    The graph i posted is similar to thousands at the moment. Shorters are gorging on the small resource sector (except Uranium). Our sector is actually strengthening re. Ore sector in general. There are plenty of catalysts macro and at a company level to catch the shorter out in our case. China stimulus, US inflation on it's way down along with rates.

    In a year where DFS, partnerships re.Offtakes, State and Federal funding options and plenty of other Developmental milestones are due, plenty for management to keep the fight against such shorting.

    Problem with 2022 and till present is that after any decent announcement, they move straight back in harder no matter the stock or sector.
 
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Last
9.0¢
Change
-0.004(4.26%)
Mkt cap ! $10.89M
Open High Low Value Volume
9.5¢ 9.5¢ 9.0¢ $11.06K 120.8K

Buyers (Bids)

No. Vol. Price($)
5 240861 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.1¢ 1796 1
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Last trade - 15.32pm 19/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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