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4.55%

10.5¢ magmatic resources limited

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dleb

3,859 Posts.

32

15/02/24

19:13

Post #: 72430741
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Originally posted by smulv ↑

You could be right.
This hovered around 6c for a decent amount of time around the time they should have been thinking about raising capital, around the time they had drilling going on and then assays in the pipeline to incentivise investors into taking part in a raise.
To be forced to do a cap raise at less than half that price, when sentiment is at an all time low would be an absolute kick in the teeth for investors and a massive strategic miss by the board.

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MAG Price at posting: 2.7¢ Sentiment: None Disclosure: Not Held
2 Upvote

0 Great analysis

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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $40.07M

Open	High	Low	Value	Volume
10.5¢	10.5¢	10.5¢	$5.842K	55.63K

Buyers (Bids)

No.	Vol.	Price($)
1	1794	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	144605	6

View Market Depth

No.	Vol.	Price($)
1	1794	0.105
1	2500	0.100
1	10000	0.099
2	70000	0.098
1	20000	0.097

Price($)	Vol.	No.
0.110	144605	6
0.115	4750	1
0.120	87650	3
0.125	274320	4
0.130	730785	2

Last trade - 12.08pm 03/05/2024 (20 minute delay)

MAG (ASX) Chart