I think it's a result that this way far too undervalued to have a significant drop off these levels. To me this is still undervalued. The benefits China and other global steel mills can get from their power usesge including furnace efficiencies from magnetite compared to haematite more than makes up the additional premium they will pay for magnetite. Carbon footprint is now actually not just swept under the rug in China, they are being forced to look at other IO types. And MGT at 68% has a pure and desirable resource and 5.5billion tonnes of it. At 120m Mc this is still a bargain when looking at the near term potential and it's now on bigger players radars
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Last
18.5¢ |
Change
0.005(2.78%) |
Mkt cap ! $21.33M |
Open | High | Low | Value | Volume |
18.0¢ | 18.5¢ | 17.5¢ | $14.97K | 83.40K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 90014 | 17.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.5¢ | 30666 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 90014 | 0.175 |
8 | 139764 | 0.170 |
2 | 11200 | 0.165 |
1 | 50000 | 0.160 |
1 | 10000 | 0.155 |
Price($) | Vol. | No. |
---|---|---|
0.185 | 30666 | 2 |
0.195 | 52668 | 4 |
0.200 | 132206 | 3 |
0.205 | 49999 | 1 |
0.215 | 1946 | 1 |
Last trade - 15.42pm 04/10/2024 (20 minute delay) ? |
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MGT (ASX) Chart |