MNB 1.43% 7.1¢ minbos resources limited

Ann: US$10m Strategic Investment Approval Received, page-99

  1. 13,983 Posts.
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    " a little rally as sometimes happens in these small caps "

    Yes these small caps can rally sometimes and it often pays to get in on those rallies once they turn into uptrends. Most of MNB's uptrends of the last four years have resulted in returns of a minimum of 100% and an average 2.5 fold sp increase. That's not an unsubstantiated opinion. It's a fact.
    This one is just getting started. The chart below is 3 days old and a weekly chart, not showing the sp moving above 7c yesterday and today.
    The larger rallies that have seen the sp up 3 fold and 4 fold were the ones that started at the lower sp's of 4c in 2020 and 5c in 2021. This one also started at 5c.

    https://hotcopper.com.au/data/attachments/6378/6378964-144a4808338c83773496557449ee3bb5.jpg
 
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