MNB 3.13% 6.6¢ minbos resources limited

Ann: Suspension from Quotation, page-168

  1. 13,953 Posts.
    lightbulb Created with Sketch. 4009
    "Since 2023 from 17c to current - this has been a disaster for shareholders - especially after hitting the market for $25m in June 2022 "

    This is actually nothing out of the ordinary. This stock has had big rallies followed by deep corrections over the last four years. We know which is now due and it's not a correction.
    The best part is that this stock is very capable of recovering from the deeper corrections in just a few months.

    https://hotcopper.com.au/data/attachments/6001/6001297-dd493be80c7fbc9126009be461d53c15.jpg

    The above is not a disaster. Stocks like the ones below - they could be called a disasters. They look like they will need years and better than 1000% returns from here to get back to their highs.

    https://hotcopper.com.au/data/attachments/6001/6001314-15202ba990e10b30f2d089008791c492.jpg


    https://hotcopper.com.au/data/attachments/6001/6001309-3dc423f6606d93c8e5960b0709589c62.jpg

    Last edited by chuk: 01/03/24
 
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