Investing in any small cap company is a high risk investment that can make or break your portfolio, but with mgt we are at the stage that no more drilling or justification is needed for now, with over 6 billion tonnes being substantiated and demand increasing into the future, there’s never been a better time for management to get this ball rolling. With some of the big boys looking for new mines to develop mgt is a no brainer.
currently we are at 52 weeks lows in share price due to global inflation, and probably the best time to buy in for the new members.
I’ve attached a video that explains what I’m talking about here.
https://youtu.be/x3X425abMPQ?si=dazT0U0fZeC3uS0l
Understanding the demand for Green Steel, page-507
Add MGT (ASX) to my watchlist
 (20min delay)
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Last
37.5¢ |
Change
-0.020(5.06%) |
Mkt cap ! $36.91M | |||
| Open | High | Low | Value | Volume |
| 40.0¢ | 40.0¢ | 37.5¢ | $30.14K | 79.65K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 118108 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 4054 | 2 |
View Market Depth
| Last trade - 15.07pm 04/06/2024 (20 minute delay) ? |
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Last
38.0¢ |
Change
-0.020 ( 3.80 %) |
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| Open | High | Low | Volume | ||
| 39.5¢ | 39.5¢ | 37.5¢ | 25024 | ||
| Last updated 15.04pm 04/06/2024 ? | |||||
| MGT (ASX) Chart |