MGT magnetite mines limited.

MGT share price, page-13598

  1. 406 Posts.
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    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?
 
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(20min delay)
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
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Last trade - 11.13am 01/08/2025 (20 minute delay) ?
MGT (ASX) Chart
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