MGT Chart 2021, page-9

Another observation about the weekly chart is the volume traded this week.

All the figures I am talking about do not include Chi-X, just ASX data but I am sure it makes little difference that Chi-X isn't included.

There was 438.13m shares traded this week on the ASX which is the fourth largest weekly volume since the breakout in Aug 2020. The three largest volume weeks were from the breakout period when the sp was much lower.o in fact this 4th highest volume week is the largest week by value traded. The average sp for the week was approximately 0.0644. Which makes the value of the shares traded for the week around $28.2m this is nearly 6 times the next largest week by value the week finishing Aug 14th 2020 with an average price for the week of 0.0076 and volume of 701.29m a value traded for the week of approximately $5.3m.This week has been hugely significant in the recent history of the company. No idea what next week holds, clearly though significant money is coming in to the company and that means people are paying attention. Henry Yang has been posting his money in and money out (and we thank him kindly for this information) pointing out that largely speaking money has been flowing into MGT stock and obviously this is the case because of the week we have just had but his data quantifies this. This is hugely exciting as quite clearly the company is rerating in front of our eyes, and does not appear to be over yet. Good luck to all, have a great weekend.