MGT 2.04% 24.0¢ magnetite mines limited.

MGT share price, page-3998

  1. 1,291 Posts.
    lightbulb Created with Sketch. 392
    Further to add to that, If they are true long-term holders, why would they want to sell (for example...) 100,000 shares at 6c in June 2021, when they might be able to sell only 40,000 shares for the same $6k in June 2021 at 15cps?

    I for one, will only be selling out a portion of my holdings if i absolutely NEED the money and/or when I decide my appetite for risk decreases and I want to free-carry. I could very easily free carry now, but I feel safe that this will double between now and October.

    I see a good story here and have a hell of a lot of faith in Peter and Mark, the business and the product.
    I re-evaluate my portfolio every day - even on weekends and from where we stand now, I'd rather sell down other stocks in my folio, even at a loss, than sell down my MGT if i need the money.

    IMO this thing has legs and I am heavily invested. For my own sake, I really hope I'm not wrong.

    all IMO not advice etc
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
24.0¢
Change
-0.005(2.04%)
Mkt cap ! $24.52M
Open High Low Value Volume
25.0¢ 25.0¢ 24.0¢ $24.62K 100.4K

Buyers (Bids)

No. Vol. Price($)
1 10000 24.0¢
 

Sellers (Offers)

Price($) Vol. No.
25.5¢ 2903 1
View Market Depth
Last trade - 11.19am 14/08/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.