Thanks ambo for the explanation. I guess what I don’t understand is why would someone put up a sell order for 400,000 units at 3cents with a couple minutes left in closing auction? I thought it was someone selling to themselves to bring the share price down!
Also is this price action a way to frustrate the hell out of holders who just watch the share price slowly trickle down whilst similar companies in the same sector and stage of development (HIO) do reasonably well. They are 20cents now which is much close to their all time high than MGT at 3c with an all time high of 9.3c
Thanks ambo for the explanation. I guess what I don’t understand...
Add MGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $31.49M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 41.0¢ | 32.0¢ | $230.3K | 641.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24692 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 13273 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
|
|||||
|
Last
33.5¢ |
Change
0.005 ( 6.86 %) |
||||
| Open | High | Low | Volume | ||
| 32.0¢ | 41.0¢ | 32.0¢ | 101538 | ||
| Last updated 15.55pm 06/05/2024 ? | |||||
| MGT (ASX) Chart |