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
38.0¢ |
Change
-0.005(1.30%) |
Mkt cap ! $37.40M | |||
| Open | High | Low | Value | Volume |
| 38.5¢ | 39.0¢ | 38.0¢ | $56.49K | 147.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2285 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 21112 | 1 |
View Market Depth
| Last trade - 12.40pm 17/05/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
-0.005 ( 2.60 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 37.5¢ | 27553 | ||
| Last updated 14.18pm 17/05/2024 ? | |||||
| MGT (ASX) Chart |