Mgt biggest problem right now is lack of volume in shares traded, at 0.233% of market cap of 39 million today. (Approximate)
Yet the management want to be paid top dollar for their efforts, no wonder the sentiment is negative.
Like I said in previous post, the IO price is where it needs to be for this company to move forward, yet no positive announcement that will turn thing around or input on potential institutional investors, two years of downturn is enough to test the most optimistic and patient investors.
MGT share price, page-12698
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 (20min delay)
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Last
30.0¢ |
Change
0.010(3.45%) |
Mkt cap ! $29.53M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 30.5¢ | 29.0¢ | $33.48K | 113.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 29.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.0¢ | 5292 | 2 |
View Market Depth
| Last trade - 15.35pm 19/07/2024 (20 minute delay) ? |
| MGT (ASX) Chart |