Fertilizer is a global product not unique to Angola.
There are massive suppliers worldwide.
MNB need to secure global contracts not build a business on supplying the local farmers.
If the product can demonstrate "outstanding" results and command international contracts then the money will flow to develop the business.
If not....
However in this economic environment if the the product is similar to what is currently available worldwide with secured contracts at set prices, where is the entry point for MNB?
Tough gig to be raising millions upon millions to establish a company on a product that is not revolutionary - they are just another entrant trying to make a buck.
Fertilizer is a global product not unique to Angola.There are...
Add MNB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
5.6¢ |
Change
0.002(3.70%) |
Mkt cap ! $48.44M | |||
| Open | High | Low | Value | Volume |
| 5.4¢ | 5.7¢ | 5.4¢ | $45.22K | 832.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 291645 | 5.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 5.6¢ | 28404 | 3 |
View Market Depth
| Last trade - 14.58pm 30/05/2024 (20 minute delay) ? |
|
|||||
|
Last
5.6¢ |
Change
0.002 ( 3.70 %) |
||||
| Open | High | Low | Volume | ||
| 5.4¢ | 5.7¢ | 5.4¢ | 247494 | ||
| Last updated 15.05pm 30/05/2024 ? | |||||
| MNB (ASX) Chart |