Call me conservative here BT, but I've seen many consider 10-15c on a successful PFS as a reasonable price target.
my gut tells me somewhere around 8-12c. So, in short, my conservative view is a support line of 8c at successful PFS with a slow movement upward from there over the next 12ths.
i know, it's not as exciting as everyone else seems to think, but if you are a long term holder, the general progression by management over time is more important than the market price
MGT share price, page-3956
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Last
24.0¢ |
Change
-0.005(2.04%) |
Mkt cap ! $24.52M | |||
| Open | High | Low | Value | Volume |
| 25.0¢ | 25.0¢ | 24.0¢ | $25.83K | 105.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 40002 | 24.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 25.5¢ | 2903 | 1 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| MGT (ASX) Chart |