MGT 5.77% 27.5¢ magnetite mines limited.

MGT share price, page-564

  1. 2,694 Posts.
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    IMO SP will react to the sentiment towards resolutions being passed or otherwise... there are 8 resolutions on the ballot...
    adopting remuneration report (non binding)
    re-election of directors (x2)
    issue of director options (x2)
    approval to issue shares
    approval of additional 10% placement capacity
    and ratification of new shares and options to underwriter

    This is all outlined in the "notice of AGM"announcement on 22nd Oct if you want some more info.

    personally I see nothing negative here if all resolutions are passed.... but unfortunately we will most likely have to wait a little longer for the decent news expected to drive SP... happy to be wrong ofc

 
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