MAG 0.00% 4.1¢ magmatic resources limited

IPO - Magmatic Resources Limited, page-4

  1. 1,705 Posts.
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    A whopping 4500 shares traded in the first hour! Looks like quite a few sellers lined up around IPO price

    Maybe I'm being harsh here because I know it's a tough market at the moment, but I'm putting this as another cross against Patos (along with UUV). Like the article mentions, conditions are pretty favourable one would think for a gold float...and forgetting a stag for a moment, if you can't at least generate enough liquidity on that alone, bit concerning for my mind.

    Good luck to anyone who is holding.
    Last edited by Nomadic_Investor: 19/05/17
 
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Mkt cap ! $24.60M
Open High Low Value Volume
4.1¢ 4.1¢ 4.1¢ $647 15.77K

Buyers (Bids)

No. Vol. Price($)
2 114510 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.9¢ 54999 1
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Last trade - 12.18pm 22/11/2024 (20 minute delay) ?
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