MGT 0.00% 27.0¢ magnetite mines limited.

I'm not a "trader" so I won't speak from a depth of knowledge...

  1. 35 Posts.
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    I'm not a "trader" so I won't speak from a depth of knowledge but what is obvious to me is that announcements do f' all for the SP at this stage. They cause a blip at most.
    What is obvious is the share consolidation hurt them due to poor handling and what seems like a revolving door of management doesn't foster any confidence.
    i don't expect this share to create any excitement in the market unless they get their DFS out, funding or partnership.
    It would appear the time of excitement is long gone like an old hooker's decency.
    im a pleb, but if was my company, I would be working PR for better or for worse tackling these concerns. The fact they don't even try scares you more
 
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