The consolidation and the 72% drop in SP were big red flags for me. I sold earlier after the consolidation but will buy back when I feel the SP has bottomed out.
The company has potential no doubt.
But I have very little confidence in the mgmt after the consolidation and misleading claims about meeting investor expectations.
DYOR
MGT share price, page-13180
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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 |