MGT has enough funds until June, no need to do a cap raise at these levels.
Retail sell off in small volume has affected SP but management are going ahead and I am positive they will deliver.
Announcements should start rolling in Feb that will stabilize our SP
What is needed is a 3rd party validation and some strong insto support to get SP and market cap to at least 100-150M. Current cap is a joke.
Road show and other presentations lined up.
My opinion is that current SP is a great buy opp to average down.
Not advice, my opinion only.
MGT has enough funds until June, no need to do a cap raise at...
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Last
25.5¢ |
Change
-0.005(1.92%) |
Mkt cap ! $26.06M | |||
| Open | High | Low | Value | Volume |
| 25.5¢ | 26.0¢ | 25.5¢ | $7.843K | 30.66K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 9 | 54153 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 9600 | 1 |
View Market Depth
| Last trade - 13.43pm 02/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |