Yep agree, everyone is hurting now my Super has taken a massive beating but luckily I’m 20 years out from retiring so all good.
Lucky I don’t have stocks atm except for a very small holding in TOY so pretty lucky there.
I think almost certain cap raising is coming and it’ll have to be at much lower prices which almost certainly gets it to $13 if not lower unfortunately for holders.
Was a massive fan of MIN - I first bought in around Oct/Nov 2018 when it was about $13’ish. Shortly after they announced Albermerle had bought in to one of those projects for massive money and from there it quickly took off to $20+ which is where I sold out and haven’t bought back in since.
Watching closely but the $5B debt is very very worrying in this environment so not sure I’ll ever buy back in but who knows.
Best of luck to you and holders.
MIN Price at posting:
$16.72 Sentiment: Sell Disclosure: Not Held
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