MGT 5.00% 19.0¢ magnetite mines limited.

How low can we go? Personally I think MGT will hang around the...

  1. 3,276 Posts.
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    How low can we go?
    Personally I think MGT will hang around the 60c mark with little or no volume in trading until management come back from there xmas festivities and deliver some updates.
    The timing of the consolidation imo couldn't have been worse....that alone tells me it was done in haste.
    The only positive so far with the consolidation is day traders would have dumped their shares and moved on.
    Also on the 5/10/2022 Simon Wandke bought 1,000,000 shares @ $0.017 for a sum of $17,000....is it a show of faith or just a snow job, you chose.

    How many on hear have spoken to the man and what was your gut feeling about his integrity?
    That should give you the answer to the above.


 
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