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0.00% 4.1¢ magmatic resources limited

A whopping 4500 shares traded in the first hour! Looks like...

  1. Nomadic_Investor
    1,705 Posts.
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    19/05/17
    13:33
    Post #: 24795498
    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
    MAG Price at posting: 20.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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(20min delay)
Last
4.1¢ 		Change
0.000(0.00%) 		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
View Market Depth
Last trade - 12.18pm 22/11/2024 (20 minute delay) ?
MAG (ASX) Chart
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