This stock is an enigma, and the management is, to say the least, pathetic. They promise the world and deliver an atlas from a $2 shop! They promised to produce magnesium, yet we receive what appears to be low-grade magnesium oxide. It’s no wonder shareholders are disillusioned and sell when there’s good news, causing the stock price to plummet after a brief increase due to inexperienced retail buyers. I predict that another capital raise will be announced soon because the management needs to pay their salaries. On its 30th anniversary, all this company has managed to produce is two handfuls of magnesium oxide. Pathetic!
Angry shareholder changing sentiment to sell.
This stock is an enigma, and the management is, to say the...
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Last
5.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $108.4M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 105736 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.0¢ | 100000 | 1 |
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| Last trade - 16.12pm 29/05/2024 (20 minute delay) ? |
| LMG (ASX) Chart |
Day chart unavailable