MGT magnetite mines limited.
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Why is our share price currently so pathetically low?This is the...

  1. Franciscus
    1,694 Posts.
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    14/10/24
    14:46
    Post #: 76113226
    Why is our share price currently so pathetically low?
    This is the equivalent of 0.35c in pre-consolidation prices, when we were comfortably sitting between 0.6c - 9.4c during the 2020 - 2021 PFS years. Obviously the PFS wasn't as glorious financially as some instos were clearly hoping it could've been, but technically we should be much closer to FID and signing partnership agreements with potential Japanese customers.. so why are these same instos not buying heavily now, at this pathetically low market cap?
    Are they simply waiting for the agreement with Shoji to become binding, with funding details clearly outlined?
    MGT Price at posting: 17.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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Last
9.0¢ 		Change
-0.004(4.26%) 		Mkt cap ! $10.89M
Open High Low Value Volume
9.5¢ 9.5¢ 9.0¢ $11.06K 120.8K

Buyers (Bids)

No. Vol. Price($)
5 240861 9.0¢
 

Sellers (Offers)

Price($) Vol. No.
9.1¢ 1796 1
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Last trade - 15.32pm 19/06/2025 (20 minute delay) ?
MGT (ASX) Chart
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