MAG
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10.9% 5.7¢ magmatic resources limited

I am personally expecting $MAG to break higher and form a new...

  1. wolfofbridgest
    3,138 Posts.
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    05/07/21
    15:30
    Post #: 54291124
    I am personally expecting $MAG to break higher and form a new base around 15c. If not today, then in the next few days.

    There's no real reason for it to continue to trade below 15c IMO given its:

    - future works program with multiple rigs at multiple targets
    - cash in bank
    - once in a generation structural bull market for copper
    - nearology with ALK's boda & NCM's cadia etc
    - small float/market capitalisation
    - tops management team & LT/supportive major shareholders
    MAG Price at posting: 14.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 22  Upvote
    lightbulb Created with Sketch. 5  Great analysis
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Last
5.7¢ 		Change
-0.007(10.9%) 		Mkt cap ! $23.77M
Open High Low Value Volume
6.0¢ 6.0¢ 5.7¢ $58.38K 986.1K

Buyers (Bids)

No. Vol. Price($)
1 15181 5.7¢
 

Sellers (Offers)

Price($) Vol. No.
6.4¢ 10000 1
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Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
MAG (ASX) Chart
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