Another 'milestone' for the management of this company. Two full weeks at the record low of 1.9c, the second time this group have achieved this dubious 'benchmark' price level.
The only other record they have been able to set previously is one for re-reporting of existing results as new data.
Now we have 1.8c on the bid and 2 sellers trying to dump nearly 1M at 1.9c; with no floor under this until 1c. Won't be long before we are sub-1c at this rate?
I for one am considering cutting my losses. DYOR. OZ
MGY Price at posting:
1.9¢ Sentiment: Sell Disclosure: Held