MAG 8.33% 11.0¢ magmatic resources limited

Slight problem on getting the 3.5 shares though..Unless I've...

  1. 890 Posts.
    lightbulb Created with Sketch. 134
    Slight problem on getting the 3.5 shares though..

    Unless I've misread the prospectus the priority offer is to MAG Shareholders - I don't think option holders are included.

    Please correct me if I'm wrong. smile.png

    My strategy was to hold the options for the reasons you've outlined above and wait and see if AGC shares come off post listing. I posted yesterday or the day before my thoughts on what I believed the price of AGC shares would be under a few market valuation scenarios.

    I also said a few posts ago that my thinking was that MAG is now a Gold and Copper play. I think there may be a share price run up with MAG purely attributable to the copper potential if the copper price keeps going up as it has in the last week.


 
watchlist Created with Sketch. Add MAG (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
-0.010(8.33%)
Mkt cap ! $41.98M
Open High Low Value Volume
12.0¢ 12.0¢ 11.0¢ $61.05K 545.8K

Buyers (Bids)

No. Vol. Price($)
2 18000 11.0¢
 

Sellers (Offers)

Price($) Vol. No.
11.5¢ 15000 1
View Market Depth
Last trade - 16.10pm 23/04/2024 (20 minute delay) ?
Last
11.0¢
  Change
-0.010 ( 9.91 %)
Open High Low Volume
12.0¢ 12.0¢ 11.0¢ 125212
Last updated 15.52pm 23/04/2024 ?
MAG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.