Can't totally discount that possibility but MGT appears to be moving roughly inline with other non profit making stocks. I think it's just general negative market sentiment.
it's not unusual for penny stocks to retrace 80 to 90%
XSO, XAO, XJO & XEC can and will probably continue to retrace so it's anyone's guess when and what level MGT will bottom out
Can't totally discount that possibility but MGT appears to...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
9.4¢ |
Change
-0.006(6.00%) |
Mkt cap ! $11.37M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.4¢ | $11.68K | 119.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | 9.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 9.5¢ | 80856 | 1 |
View Market Depth
| Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
| MGT (ASX) Chart |