MGT 0.00% 14.0¢ magnetite mines limited.

Worth Shorting MGT?, page-11

  1. 928 Posts.
    lightbulb Created with Sketch. 114
    maybe it's just people deciding to sell Where's Bullish trends? I see he's been absent for a while.

    the wider question that should be asked is, 1year ago MGT was above CAP now HIO. And cap at 4c was languishing due to legal issues over it's tenaments.

    Today , one HIO share is worth 20 x MGT share.

    As for shorting, one would expect HIO to be shorted, but they just keep going up don't they.

    I sold MGT because after 12years holding in faith, I see no improvement, just share dilution, which must now risk consolidation at the next AGM.

    i also fear that the new CEO will cost alot.

    Oh and for those of you that are newbies, just know that MGT had a hot shot CEO some years ago. I think he's still the largest shareholder. That period of management resulted in significant dilution of MGT. I hope the next CEO does not repeat the past.

 
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Mkt cap ! $16.14M
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13.5¢ 14.5¢ 13.5¢ $6.565K 47.33K

Buyers (Bids)

No. Vol. Price($)
1 19727 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
14.5¢ 172716 1
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Last trade - 15.58pm 08/11/2024 (20 minute delay) ?
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