Not sure how your investment plan works or what your goals are but this strategy works for me.
I started buying MGT shares in Jan 2021 at 1.2c and have continued to do so on the dips. Three months later i am in a position that i can sell approximately 600,000 shares and get my investment dollars back and have a remaining 1,000,000 shares that are essentially free.
That said, MGT, imo is an iron ore Gold Mine! I will be holding until i can sell 100,000 shares for the value on my original investment and keep 1,500,000 shares for free.
This number is likely to change again considering the possive news to be released (PFS)...
This is my plan, not financial advice...
How many MGT to HOLD?, page-14
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $21.33M | |||
| Open | High | Low | Value | Volume |
| 18.0¢ | 18.5¢ | 17.5¢ | $14.97K | 83.40K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 90014 | 17.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 18.5¢ | 30666 | 2 |
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| Last trade - 15.42pm 04/10/2024 (20 minute delay) ? |
| MGT (ASX) Chart |