John I’ll make the call at the time based on what’s happening but it would not be the first good project I have left because of bad management.
It’s been a total Sh#t show and still a way off with significant hurdles, management are either incompetent or deceptive.
Not sure how much support will come from government, they have just bought land off Iron Road and with AmP energy and Fortescue part funding desalination plant it looks likely DRI magnetite will be focused on the other side of the gulf.
I am sure MGT will find its feet and continue to hold and see how it plays out, as for never buying this stock well it was a different stock when I bought it and timelines were different so not sure if I trust management to maximise the potential here but will evaluate when we see some progress.
- Forums
- ASX - By Stock
- MGT $ 1.00 TARGET PRICE 2024
MGT
magnetite mines limited.
Add to My Watchlist
1.05%
!
9.4¢

John I’ll make the call at the time based on what’s happening...
Featured News
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.
|
|||||
Last
9.4¢ |
Change
-0.001(1.05%) |
Mkt cap ! $11.37M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.3¢ | $7.623K | 80.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7856 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7856 | 0.093 |
3 | 60000 | 0.092 |
7 | 76555 | 0.090 |
1 | 10000 | 0.089 |
2 | 47500 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 200000 | 1 |
0.100 | 295311 | 3 |
0.105 | 50000 | 1 |
0.110 | 34618 | 4 |
0.115 | 44733 | 3 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |
The Watchlist
CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
Previous Video
Next Video
SPONSORED BY The Market Online