MGT Discussion 2023

[Supersport]

Ok guys and gals, i really have no knowledge or real ability in the trading game, but, maybe some conspiracy theorist..
When the other week we had that massive wall of shares to climb to get some movement, and in that time we traded 100mill plus shares and then they disappeared..thinking wed get a run to then be lumbered with 2 ..announcements ..
Do any of us think that someone with the upper management may of leaked something to friends or companies that imminent news is on the way and to get in at that price to then also be able to buy into the options... at even lower price..
Sorry for the tin hat analogy..
I still hold all my shares and wont be selling till they hit $5

 

[Irongrilled]

With these two leading to DFS completion I think things will be looking good.

 

[maplesyrup]

@Bruey nice to here from you

I am with bacon it was a suprise and has stalled the momentum, now I need to try and get funds to get my fill haha... It hopefully works out like the CE we did at 1c last year... It stalled all momentum but then the SP went nuts afterward s

 

[maplesyrup]

I'll be taking up my full compliment and bidding for extras

 

[Bruey]

Yeah now I have slept on it, it’s what’s needed to progress, the next 6-7 mths leading to the DFS and ultimately the decision to mine will be all that’s needed, paving the way for the finance and or JV. The reputation and calibre of the team are not going to let this slip. I too will be taking up the full offer. I know it’s only one day but it felt ok to finish flat today perhaps the sell down yesterday was enough and those who wanted to exit did.

 

[maplesyrup]

Yeah now I have slept on it, it’s what’s needed to progress, the next 6-7 mths leading to the DFS and ultimately the decision to mine will be all that’s needed, paving the way for the finance and or JV. The reputation and calibre of the team are not going to let this slip. I too will be taking up the full offer. I know it’s only one day but it felt ok to finish flat today perhaps the sell down yesterday was enough and those who wanted to exit did.

I am glad I have been out of service for the last few days haha... totally agree with you mate... Mark etc would not stake the reputations and their hard earned as well if this thing was going ahead.... onward and upward..

 

[Bruey]

Whyalla magnetite expansion

Been shared across HC but worth placing here also ….

 

[Tony Coles]

Wonder why the bids have been reset, buy and sell, why?

 

[maplesyrup]

 

[Irongrilled]

Anyone received their letter yet for the rights issue ?

 

[Bruey]

Anyone received their letter yet for the rights issue ?

Hi, letters should go out next week I had thought.
What’s strange is the MGTRE options have appeared in my account. And are already worth 0.006c . I expected the options would only appear if I participated in the rights issue and purchased the shares at the discount price of 2.5c.

 

[Tony Coles]

Anyone received their letter yet for the rights issue ?

Nah not yet, haven’t received the letter nor the MGTRE options, ill give ComSec a call on Tuesday.

 

[Irongrilled]

My MGTRE hit the account this morning

 

[Townyj]

My MGTRE hit the account this morning

You need an options acc to receive em? Im with commsec and havent set mine up. Have not traded em in the past and need to do the damn test.

 

[Irongrilled]

I'm with self wealth. They just showed up. Didn't have to do anything

 

[Townyj]

I'm with self wealth. They just showed up. Didn't have to do anything

Cheers.

Havent see anything pop up, had a work mate mention his Super contacted him about it being available.

Suppose i will wait for the letter to arrive.

 

[Tony Coles]

My MGTRE hit the account this morning

What trading platform r u using, not ComSec is it? I’m using ComSec still nothing, not credited my chess holding for MGTRE.

 

[Irongrilled]

I use SelfWealth. Got sick of Commsec

 

[Bruey]

I had mine appear in the ANZ platform and have a couple of orders in for some more at .005 and .006. ( not sure if they will drop that low but no harm in trying I guess ) . MGT holding strong at 3.2 today on an otherwise pretty ordinary day across the market.

 

[Irongrilled]

I had mine appear in the ANZ platform and have a couple of orders in for some more at .005 and .006. ( not sure if they will drop that low but no harm in trying I guess ) . MGT holding strong at 3.2 today on an otherwise pretty ordinary day across the market.

Nice. I bought a small chunk at .007 just to get it. If they are anything like the options last year they will rocket up as we approach DFS