MNB 6.52% 4.3¢ minbos resources limited

Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-235

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  1. 14,278 Posts.
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    We had a 7c cr with a free option that has a strike price of 7c. IMO that option will be worth around 2c with the sp around 7c. So cr participants can sell at 6c and still come out in front. Selling much below 6c defeats the purpose of participating in the cr if the motive was a reasonable quick profit.
    Yes Merch, I am currently buying at 6.1c.

 
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