Indications that SP will rise by end of year, back to pre consolidation range with no news of investors, the whole thing was rushed through causing the options to be dead now, which is very disappointing for all of us who bought into it. People saying it’s because of the new management but the board had to approve the decisions, moving forward I think that all the profit takers have moved on and hence the very low volumes reflected in daily trading.
What MGT have failed to do in the past is marketing this whole massive resource to its full potential in my opinion, and that’s why the consolidation has failed, now we are no better off, based on my understanding of global markets and where steel industry is, MGT is now going to be a long hold to even break even on our investment.
If we do have a global recession, juniors will be crushed.
If no decent news is coming through SP will just sit at current level.
MGT share price, page-13054
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Last
24.5¢ |
Change
0.010(4.26%) |
Mkt cap ! $25.07M |
Open | High | Low | Value | Volume |
24.5¢ | 25.5¢ | 24.5¢ | $7.014K | 28.18K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 46567 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 10764 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 42486 | 0.245 |
1 | 30000 | 0.240 |
2 | 3808 | 0.235 |
2 | 8500 | 0.230 |
2 | 63636 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 5764 | 2 |
0.275 | 4318 | 1 |
0.280 | 200000 | 1 |
0.290 | 100000 | 1 |
0.300 | 12351 | 2 |
Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
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MGT (ASX) Chart |