"See you at 7c and below soon - as no news will sustain a price rise - history has shown with this "
Which history? More unsubstantiated, unchecked nonsense. This has rallied hard on news and then corrected deeply multiple times since being awarded the project. The chart shows that clearly. Despite strong volatility, it has provided long term holders better than four fold gains over the last 4 years if they just bought and then held over that period. 100% gains for anyone that bought three years ago and held. The volatility does mean that anyone buying on the larger rallies is down now after this latest correction but what recent history also shows is that the longer anyone has held, the better the gains and I see no reason why that won't continue as they begin construction and then production next year and the stock rallies again, most likely to a new high to reflect the DFS forecast earnings. That's my honest opinion based on all available information and not an unsubstantiated opinion based on nothing but emotions and short sighted observations of just the latest correction of many.
The correction in early 2020 from 13c to 5c was deeper than this one and despite that deeper correction, the sp quadrupled in the space of the next four months. History also shows that the deeper the corrections with this stock, the bigger the rally that follows. We could be due another big rally when the funding gets locked.
Over the same four year period that Minbos increased fourfold, the US Russell 2000 small cap index is up just 12%. Big outperformance.
Minbos has outperformed its peers on average, outperformed the All Ords and even outperformed the very hot Nasdaq (below) which has doubled in four years.
"You stated you sold over this period - yet are asking others to buy your shares "
No, that's another false accusation. I said that I sold a big parcel in 2021 when it got very close to my target at the time. A target that I had shared on HC. I wasn't asking anyone to buy when I was selling and I shared the info that I was selling shares and switching into the options. I have always posted a buy sentiment on this stock including when I was buying. If I remember correctly, I might have briefly changed to hold when it approached my 2021 target.
- Forums
- ASX - By Stock
- MNB
- Ann: Minbos launches P4 concept study
Ann: Minbos launches P4 concept study, page-154
- There are more pages in this discussion • 384 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNB (ASX) to my watchlist
(20min delay)
|
|||||
Last
5.6¢ |
Change
0.001(1.82%) |
Mkt cap ! $48.44M |
Open | High | Low | Value | Volume |
5.5¢ | 5.6¢ | 5.5¢ | $14.96K | 272.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 136365 | 5.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.6¢ | 43588 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 136365 | 0.055 |
2 | 53104 | 0.054 |
2 | 218867 | 0.053 |
2 | 53865 | 0.052 |
4 | 88547 | 0.051 |
Price($) | Vol. | No. |
---|---|---|
0.056 | 43588 | 2 |
0.059 | 47420 | 1 |
0.060 | 16132 | 3 |
0.061 | 195189 | 2 |
0.062 | 35950 | 1 |
Last trade - 12.07pm 17/06/2024 (20 minute delay) ? |
|
|||||
Last
5.6¢ |
  |
Change
0.001 ( 3.70 %) |
|||
Open | High | Low | Volume | ||
5.6¢ | 5.6¢ | 5.6¢ | 10362 | ||
Last updated 12.07pm 17/06/2024 ? |
Featured News
MNB (ASX) Chart |
The Watchlist
LPM
LITHIUM PLUS MINERALS LTD.
Simon Kidston, Non Executive Director
Simon Kidston
Non Executive Director
SPONSORED BY The Market Online