MGT magnetite mines limited.
Add to My Watchlist 4.44% ! 9.4¢

Who is bidding 8.5c for an option, when the shares are available...

  1. stevenjd
    28,595 Posts.
    lightbulb Created with Sketch. 3525
    clock Created with Sketch.
    24/11/23
    11:41
    Post #: 71087231
    Who is bidding 8.5c for an option, when the shares are available for 30c ?
    Because the shares would need to get to 64c, (2x approx) for the intrinsic value on the ops to be worth 19c (same 2x)

    There is little advantage in that math. Unless you are betting on the shares going much higher etc.

    MGT Price at posting: 29.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Pilbara Exploration Identifies High-Grade Gold and Antimony Targets
right-arrow Created with Sketch.
NEWS Many are concerned about global falling birthrates. This diverse stock has solutions
right-arrow Created with Sketch.
NEWS Trident Infill Drilling Results Confirm Resource as Development Gets Underway
right-arrow Created with Sketch.
LU7 Lithium Universe Acquires Global Rights to Transformative Solar Panel Recycling Technology
right-arrow Created with Sketch.
NEWS Week 25 Wrap: Fed & BoE pause rates ahead of RBA; Santos-ADNOC, Oz tax reforms
right-arrow Created with Sketch.
NUZ Significant Blood-Brain Barrier Penetration Achieved by NUZ-001
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist
(20min delay)
Last
9.4¢ 		Change
0.004(4.44%) 		Mkt cap ! $11.37M
Open High Low Value Volume
9.1¢ 9.4¢ 9.0¢ $27.07K 299.3K

Buyers (Bids)

No. Vol. Price($)
1 2537 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
9.5¢ 248900 2
View Market Depth
Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.