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
- Forums
- ASX - By Stock
- Understanding the demand for Green Steel
MGT
magnetite mines limited.
Add to My Watchlist
2.33%
!
8.8¢

Investing in any small cap company is a high risk investment...
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
8.8¢ |
Change
0.002(2.33%) |
Mkt cap ! $10.41M |
Open | High | Low | Value | Volume |
8.6¢ | 8.8¢ | 8.5¢ | $3.717K | 43.30K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 12784 | 8.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.8¢ | 15167 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 104 | 0.086 |
1 | 12784 | 0.085 |
1 | 16199 | 0.083 |
2 | 24833 | 0.082 |
1 | 123712 | 0.081 |
Price($) | Vol. | No. |
---|---|---|
0.088 | 17268 | 2 |
0.090 | 257719 | 2 |
0.092 | 100000 | 1 |
0.095 | 6779 | 1 |
0.098 | 21000 | 2 |
Last trade - 14.34pm 31/07/2025 (20 minute delay) ? |
Featured News
MGT (ASX) Chart |