re: pushed down - wrongway some of MGX management are ex-PMM people aren't they so they would be well connected
my fear is always the currency impact because the company has never clarified the situation in the wake of the rising A$, in fact several months ago they indicated an announcement re hedging would shortly come and it never did
MGX was supposed to have a bullish announcement re magnetite which never appeared so maybe that is one their aces to play after the options expire
I know options can be dilutive but as an ordinary shareholder as well as an options holder I would much rather an options exercise at 25 cents rather than a placement sub 20 cents in order to fast track these other projects
re: pushed down - wrongway some of MGX management are ex-PMM...
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Last
30.0¢ |
Change
-0.005(1.64%) |
Mkt cap ! $364.5M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 30.5¢ | 30.0¢ | $142.0K | 473.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 144709 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 27772 | 2 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| MGX (ASX) Chart |