MNB 1.61% 6.1¢ minbos resources limited

Ann: Notice of General Meeting, page-59

  1. 13,852 Posts.
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    "Some major shareholders have a bucket load of shares and the pressure is mounting on their investment
    They will take any deal to recoup the potential massive losses on the horizon."

    Or they will wait for the potential and more probable gains ahead like many current retail holders plan to do. I would expect most major holders didn't buy for short term given the relative low liquidity of the stock.

    I don't see any major holders doing any significant net selling. Citicorp added 2.4mill in the cr and then sold 2.8mill after the TH was lifted. Then they added a few this week.
    BNP sold around 330,000 after the TH was lifted but had added 1.25mill in the cr.
    Both are nominee accounts. It's not clear which shareholders bought or sold in those nominee accounts.

    This weeks data showed a couple of very minor decreases on the first two days and then some more significant increases over the last 3 days. Nothing of any real significance on the selling or buying.

    https://hotcopper.com.au/data/attachments/6178/6178951-72a8bcf3f502426cfbc062d008aef551.jpg

    Last edited by chuk: 17/05/24
 
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