I personally believe we'll be c. 0.14 up to pfs.
I feel that the market will rate/settle to around a 400m MC pre pfs.
Obviously just my opinion.
When I get some spare time I want to compare MGT to AVZ. One with massive IO, the other with massive Lithium. Fairly different stories, off-takes, jurisdiction, build, etc, etc but both are being bullishly forward priced based on future demands, quality of product, super-cycle, etc.
AVZ CURRENT MC C.$600M
I wouldn't be at all surprised to see MGT at $400-$450M pre pfs.
There, I've put it out there. ... Let's see how it ages. Lol
MGT share price, page-4841
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Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $31.49M | |||
| Open | High | Low | Value | Volume |
| 32.0¢ | 41.0¢ | 32.0¢ | $230.3K | 641.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 24692 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 13273 | 1 |
View Market Depth
| Last trade - 16.10pm 06/05/2024 (20 minute delay) ? |
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Last
33.5¢ |
Change
0.005 ( 6.86 %) |
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| Open | High | Low | Volume | ||
| 32.0¢ | 41.0¢ | 32.0¢ | 101538 | ||
| Last updated 15.55pm 06/05/2024 ? | |||||
| MGT (ASX) Chart |