MGT 20.8% 14.5¢ magnetite mines limited.

retail has developed very crude techniques to release their...

  1. 2,238 Posts.
    lightbulb Created with Sketch. 914
    retail has developed very crude techniques to release their shares cheaply, check the register there are almost no institutions in MGT. All that broker data that gets posted on here is consistently misunderstanding the difference between a clearing house and an institutional buyer. Credit Suisse is a clearing house as is Pershing, WealthHub etc. They were never the actual institution buying.

    I bang on about it all the time but if you are setting stop loss positions you are creating the environment for massive price slides, that's not manipulation it is lack of experience. the share price was too high at 9c and it will end up too cheap at some point then it will go back to fair value, no idea when that is or what price. If you don't sell you don't crystallise any loss.
 
watchlist Created with Sketch. Add MGT (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.025(20.8%)
Mkt cap ! $16.72M
Open High Low Value Volume
13.0¢ 14.5¢ 11.0¢ $40.13K 325.5K

Buyers (Bids)

No. Vol. Price($)
1 291535 13.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 28036 2
View Market Depth
Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
MGT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.