MGT 11.3% 29.5¢ magnetite mines limited.

Nice recovery today leaving SP down -8.8% on the weekly after...

  1. 64 Posts.
    lightbulb Created with Sketch. 9
    https://hotcopper.com.au/data/attachments/4032/4032387-274785db8ae0822d000b060db041fd2e.jpg
    Nice recovery today leaving SP down -8.8% on the weekly after the flash inflation induced crash. Also just noticed a buy signal on the weekly which last time it appeared triggered a 4537% run up to the ATH. I cant see that sort of % gains ever happening again for MGT specifically in under a 12 months period. Yet from the close today $0.038 to ATH $0.094 is a 330% increase to me that's an asymmetrical hedge which i'm happy to take. DYOR
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
29.5¢
Change
0.030(11.3%)
Mkt cap ! $29.03M
Open High Low Value Volume
27.0¢ 29.5¢ 27.0¢ $26.58K 92.81K

Buyers (Bids)

No. Vol. Price($)
1 31059 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.5¢ 5700 2
View Market Depth
Last trade - 13.43pm 01/07/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.