MIN 2.07% $54.78 mineral resources limited

$100 share price, page-206

  1. 9,783 Posts.
    lightbulb Created with Sketch. 4224
    CRASH BOOM BANG
    closed 20c lower than yesterday

    another false start daily chart pattern loved by the SHORTS
    another long red candle
    another high open got smashed down a whopping -240c this time
    longest red candle in a while here
    long neck unsupported yet again 74c neck
    another close near daily lows again

    consolidating below 70 yet again

    selling the roads for cash to pay the pied pipers rent is not good long term
    ask WHY do they need $1.3B cash now when they got $1.4B cash at bank already !
    WHY cant they just get bonds like FMG does and paydown the debt over time and keep the roads?

    MINRES a whopping $3B lower MCap since the POS deal breach and still dropping.
    Market is skittish on MINRES more so than RIO or FMG or even lowly POS, i warned you of this weeks ago but you aint listening.

    RED SIRENS blaring and you aint hearing them.
    cats got your tongues and your ears perhaps.
 
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Last
$54.78
Change
-1.160(2.07%)
Mkt cap ! $10.76B
Open High Low Value Volume
$55.80 $55.83 $54.55 $42.30M 769.7K

Buyers (Bids)

No. Vol. Price($)
1 100 $54.76
 

Sellers (Offers)

Price($) Vol. No.
$54.80 388 1
View Market Depth
Last trade - 16.10pm 22/07/2024 (20 minute delay) ?
MIN (ASX) Chart
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