MCR 0.00% $1.39 mincor resources nl

funds managers exiting, page-2

  1. 38 Posts.
    Tricia, Yes-AMP finished selling its shareholding some time ago; why do you think the current funds in the top 20 shareholder list are selling?? they would have to disclose a change of shareholdings within four business days, so we'lll soon know anyway.

    I don't think it's the funds selling-i think it's just disillusioned investors who are cutting their losses, which is a pity, as mincor probably has (as you've pointed out a few times in HC) some of the best quarters ahead of it now. Also, with the $A falling against the $US (now around 71.5), this is just adding to the $A profits mincor is making from selling it's nickel for $US. I've been topping up at these levels.
 
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