I agree 1912.
When you look at the in ground $$ value of ore and then look at the MGT's market cap of less than $9m it certainly has some serious upside to go to reach real value.
Im am sure there would be a few companies out there running the ruler over MGT.
At a 10c share price we would have a market cap of $200m would this be a fair price for the in ground ore?
I would have thought 10c at least in the current environment.
MGT TAKEOVER?? TARGET 4B Tonnes iron ore, page-7
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Last
26.5¢ |
Change
-0.010(3.64%) |
Mkt cap ! $26.08M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 27.5¢ | 26.5¢ | $20.5K | 74.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2192 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.0¢ | 17868 | 2 |
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| Last trade - 12.18pm 25/04/2024 (20 minute delay) ? |
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Last
27.5¢ |
Change
-0.010 ( 0.00 %) |
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| Open | High | Low | Volume | ||
| 27.0¢ | 27.5¢ | 26.5¢ | 2018 | ||
| Last updated 15.32pm 25/04/2024 ? | |||||
| MGT (ASX) Chart |