I thought others might find this interesting.
I was bored so I looked at the MC of FMG and the MC of RIO and divided it by MGT shares on issue currently.
As an "FMG" it works out at a share price of $780 with a dividend of around $30/share
Rio comparison works out at $400ish I didn't look at the divi.
I was doing this to realise how many shares I might want to actually end up with after dilution etc.
an investment of $3000 today, with 80% dilution against the lower of RIO example would give you a value of $800k
Which over a 10 year period to get to this MC would be a return of 70% average per year.
is this delusional thinking that MGT could reach that? Is my math wrong?
MGT
magnetite mines limited.
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8.9¢

MGT share price, page-13598
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Last
8.9¢ |
Change
0.001(1.14%) |
Mkt cap ! $10.78M |
Open | High | Low | Value | Volume |
8.8¢ | 8.9¢ | 8.8¢ | $2.975K | 33.58K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.9¢ | 7411 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 100000 | 0.085 |
1 | 66860 | 0.083 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
4 | 72340 | 0.080 |
Price($) | Vol. | No. |
---|---|---|
0.089 | 7411 | 1 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 11.13am 01/08/2025 (20 minute delay) ? |
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MGT (ASX) Chart |