Time for patience, the market will present you with an incredible opportunity to load up on Min Res shares in the next 3-12 months at phenomenal discounts. IMO, this is going to get a lot worse before it gets better. As the saying goes, buy when there is blood in the streets even if it is your own. IMO, this thing will not bottom for while. My view is that the smart money buys mining stocks when they get smashed, the market is in a downturn and pessimism reigns supreme, those are the people who make the real money and the fools, well they sit on the sidelines and buy in at the end of a huge bull run as they like the cheery consensus. Warren Buffet once said you pay a very high price for cheery consensus. For the record, I still believe in the Min Res story but my point is if you load up when the share prices gets smashed you could make huge gains in the long term.
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Last
$45.86 |
Change
-1.390(2.94%) |
Mkt cap ! $9.012B |
Open | High | Low | Value | Volume |
$46.22 | $46.89 | $45.56 | $84.69M | 1.811M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 2020 | $45.80 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$45.87 | 3192 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 2020 | 45.800 |
1 | 65 | 45.780 |
1 | 500 | 45.610 |
6 | 1281 | 45.600 |
2 | 574 | 45.570 |
Price($) | Vol. | No. |
---|---|---|
46.000 | 571 | 2 |
46.220 | 475 | 1 |
46.300 | 1825 | 2 |
46.590 | 250 | 1 |
46.750 | 2000 | 1 |
Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
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MIN (ASX) Chart |