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9.09%

1.2¢ magnum mining and exploration limited

I agree, people aren’t silly, they’ve averaged down over and...

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Sisu123

798 Posts.

680

01/03/24

17:07

Post #: 72701024
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Originally posted by craigasx123: ↑

My worry is that once there is something big to report on it won't have the traction it once did. Maybe the market won't be convinced by what we release until they start seeing some money coming in OR at least a clear number of amount we will make once we are up and running... very very dark times looking at the sp right now but for whoever has 1000% confidence is management getting everything over the line and making this into a really probable company then you should be loving these prices so you can get them as cheap as possible.. I for one has poured so much money into this company and averaged down a lot I just can see me putting money elsewhere for now making a better return then averaging down even further

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I agree, people aren’t silly, they’ve averaged down over and over again, and if there’s no offtake, then it’s below 1c and if they get it, it’s above 6c, so I don’t blame people for taking money off the table, small caps are the wild Wild West, and there’s no accountability whatsoever, so the SP reflects that right now

MGU Price at posting: 1.6¢ Sentiment: Sell Disclosure: Held
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(20min delay)
Last 1.2¢		Change 0.001(9.09%)		Mkt cap ! $8.902M

Open	High	Low	Value	Volume
1.1¢	1.2¢	1.1¢	$1.706K	145.9K

Buyers (Bids)

No.	Vol.	Price($)
7	709120	1.1¢

Sellers (Offers)

Price($)	Vol.	No.
1.2¢	1179330	3

View Market Depth

No.	Vol.	Price($)
7	709120	0.011
18	2243451	0.010
5	772311	0.009
2	240000	0.008
2	311111	0.007

Price($)	Vol.	No.
0.012	1179330	3
0.013	50000	1
0.014	800000	2
0.015	538001	4
0.016	500000	2

Last trade - 15.05pm 13/09/2024 (20 minute delay)

MGU (ASX) Chart

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