MNB 1.89% 5.4¢ minbos resources limited

Ann: Results of General Meeting, page-43

  1. 20,601 Posts.
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    IMO - Good thing was that sophisticated were given a chance to grab 7c shares when SP was up to 10c only days before TH

    Not many with volumes were able to exit at a profit and are now down heavily

    Retail mums and dads at least were not given the opportunity - and in hindsight it has turned to be a saviour of their hard earned

    If a 7c CR with 7c options only raised $5m from outsiders - can only imagine the sweetener for the next one

    and now Angolan banks are asked to Give $20m US - when cornerstone investor won't loan a cent

    Not to mention all advanced discussions have led to $0 apart from IDC with pre conditions

    IMO @chuk


    Last edited by Merchant2000: 21/06/24
 
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