Your views on why people post may be a bit narrow. A stock like MGT is a lot like a footy team and has those who support a win and those that do not.
In MGT's case the "Price UP" squad would be LT holders, Traders, Chartists waiting for a signal (downtrend break), and those interested in maybe holding.
Now all these may be active posting subjective (no facts) posts that indicate MGT is anything from "a cert" to "having potential" But as the bean counters say - NEVER pay anything for potential.
The "Price DOWN" mob would be traders (shorters), those looking for a better value entry (why pay 14c when you can pay 7c?) and insiders who know it is going to move up because of whatever info they have, and might push it down and clean up.
My point is you are one of those and JasK another.
Best advice I can give because you cannot be sure who is who in this zoo, is Edgar Alan Poe's advice: "Believe nothing you hear, and only one half that you see."
Hence why all on these threads we should (nay must) D.Y.O.R.
- Forums
- ASX - By Stock
- Understanding the demand for Green Steel
MGT
magnetite mines limited.
Add to My Watchlist
1.05%
!
9.4¢

Your views on why people post may be a bit narrow. A stock like...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
9.4¢ |
Change
-0.001(1.05%) |
Mkt cap ! $11.37M |
Open | High | Low | Value | Volume |
9.9¢ | 9.9¢ | 9.3¢ | $7.623K | 80.41K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7856 | 9.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
9.5¢ | 200000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 7856 | 0.093 |
3 | 60000 | 0.092 |
7 | 76555 | 0.090 |
1 | 10000 | 0.089 |
2 | 47500 | 0.086 |
Price($) | Vol. | No. |
---|---|---|
0.095 | 200000 | 1 |
0.100 | 295311 | 3 |
0.105 | 50000 | 1 |
0.110 | 34618 | 4 |
0.115 | 44733 | 3 |
Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |
The Watchlist
CDE
CODEIFAI LIMITED
John Houston / Martin Ross, Executive Chairman / COO
John Houston / Martin Ross
Executive Chairman / COO
Previous Video
Next Video
SPONSORED BY The Market Online