i have been in this game a long time and here is what I suspect is happening.it's the rights issue.. closed yesterday so it caused the pump. traders purchase the rights at 35 cents, sell on market at 45 cents next week, now they have free options that expire next year = no risk as they made 10 cents profit and a chance to exercise their option for free. could that be it? whatever it is I doesn't matter. MGT will go places
Ann: Rights Issue Opens for Applications, page-8
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Last
32.5¢ |
Change
0.030(10.2%) |
Mkt cap ! $31.99M | |||
| Open | High | Low | Value | Volume |
| 31.5¢ | 33.5¢ | 31.5¢ | $22.35K | 68.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 31000 | 31.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 42467 | 3 |
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| Last trade - 15.00pm 18/06/2024 (20 minute delay) ? |
| MGT (ASX) Chart |