MGT magnetite mines limited.

again it's a speculative stock, we're in downtrend and all...

  1. 247 Posts.
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    again it's a speculative stock, we're in downtrend and all markets are so since Jan. The trend is not going to change soon and speculative / growth stocks are the ones that are getting all the hammering.
    I don't think there is anything that will revert the trend besides positive announcements at this stage.

    I do agree that if we get a positive DFS + Funding + decision to mine then this will rocket well beyond 5c, more like 10+c I guess. But between now and then we may see price going down...
    FYI it's my biggest holding so I'm trying to be positive but also realistic...
 
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(20min delay)
Last
8.8¢
Change
0.002(2.33%)
Mkt cap ! $10.78M
Open High Low Value Volume
8.6¢ 8.8¢ 8.5¢ $3.717K 43.30K

Buyers (Bids)

No. Vol. Price($)
1 12784 8.5¢
 

Sellers (Offers)

Price($) Vol. No.
8.8¢ 1299 1
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Last trade - 14.34pm 31/07/2025 (20 minute delay) ?
MGT (ASX) Chart
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