MGT magnetite mines limited.

MGT has enough funds until June, no need to do a cap raise at...

  1. 328 Posts.
    lightbulb Created with Sketch. 140
    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.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
8.6¢
Change
0.000(0.00%)
Mkt cap ! $10.53M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 15984 8.6¢
 

Sellers (Offers)

Price($) Vol. No.
8.9¢ 79337 1
View Market Depth
Last trade - 10.00am 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.