It is clear this is a lifestyle company for the directors involved.
The consolidation was an activity to kick the can down the road for a few more years based on some more promises and inducements.
The reality is now real, and the death spiral has commenced.
lucky not holding much, and see this nothing more than a capital loss at tax time now to offset some gains.
The directors should all be held accountable for this.
What actions are possible?
It is clear this is a lifestyle company for the directors...
Add MGT (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
31.5¢ |
Change
0.045(16.7%) |
Mkt cap ! $31.00M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 31.5¢ | 27.0¢ | $149.6K | 518.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 33790 | 2 |
View Market Depth
| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
|
|||||
|
Last
31.5¢ |
Change
0.045 ( 18.9 %) |
||||
| Open | High | Low | Volume | ||
| 27.5¢ | 31.5¢ | 27.5¢ | 45119 | ||
| Last updated 15.56pm 03/05/2024 ? | |||||
| MGT (ASX) Chart |