MGT magnetite mines limited.
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@MrStrengths, May be I am missing the point. Just curious, how...

  1. Gollada
    1,998 Posts.
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    25/05/22
    07:20
    Post #: 61601492
    @MrStrengths, May be I am missing the point. Just curious, how will consolidation help shareholders? MC will stay the same.

    Currently an increase in SP from 2.5c to 7.5c equates to 200%.

    Say we consolidated 20 to 1. The revised SP will go to 50c. To see a 200% increase the SP will have to rise from 50c to $1.50
    MGT Price at posting: 2.3¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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