Interesting point. I don't have options but after buying in around 1.7c intended to ride this for 2 or 3 years. The production and offtake timelines all seem feasible and current magnesium shortfall are favourable to us. With this seemingly continued capping in the face of good announcements and strong broker reports, an opportunistic T/O bid would not be to our advantage. Imagine having to be compulsory acquired for a 4 bagger , when a 15 plus bagger could be possible in 3 years?
Interesting point. I don't have options but after buying in...
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Last
4.3¢ |
Change
0.000(0.00%) |
Mkt cap ! $99.90M | |||
| Open | High | Low | Value | Volume |
| 4.2¢ | 4.3¢ | 4.2¢ | $20.20K | 474.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 338326 | 4.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 4.4¢ | 1098555 | 2 |
View Market Depth
| Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
| LMG (ASX) Chart |