Australia's largest stock trading and investment forum Australia's #1 stock forum

MNB

Click for more information

1.72%

5.9¢ minbos resources limited

Recommendation, page-1061

First 1061 Last

Share
Profile

Follow
Merchant2000

21,556 Posts.

883

22/08/24

11:36

Post #: 75322639
Share

Originally posted by chuk: ↑

"How this is now trading at under 7c is major concern and Red Flag "

I bought LTP a few months ago at 26c. Merchant's red flags must have been waving on the steadily falling sp. 34c to 23.5c in 6 weeks.

So much for those red flags though. After I bought in May at a near all time low of 26c, the stock is at $1.50 today, after less than 4 months. That's nearly a 5 fold sp increase despite buying into a falling sp and red flags. The best gains come from buying near lows Merchant, not buying near the peaks and then complaining that the stock is down 50% or more. You just need to make sure you have the fundamentals right when buying low. I'm sure enough with MNB's fundamentals for my own investment.

Expand

@chuk

6.4c -6.5c today may be a good buy today or tomorrow if no news eventuates

So many here think they are professionals in the market and ridicule others - yet those others can buy in at neat 4 year lows at their leisure

Sentiment now hold until further notice

MNB Price at posting: 6.8¢ Sentiment: Hold Disclosure: Not Held
Upvote

0 Great analysis

Reply

Top Stories

COD

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

The iron ore comeback: Can it last?

HAS

Hastings progressing Yangibana to production with lower costs

ZNC

Zenith's sale of Develin Creek delivers $975K cash, with shares up 13%

ACW

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

There are more pages in this discussion • 519 more messages in this thread...

First 1061 Last

Add MNB (ASX) to my watchlist

(20min delay)
Last 5.9¢		Change 0.001(1.72%)		Mkt cap ! $51.83M

Open	High	Low	Value	Volume
5.9¢	6.0¢	5.7¢	$18.12K	310.2K

Buyers (Bids)

No.	Vol.	Price($)
1	17000	5.7¢

Sellers (Offers)

Price($)	Vol.	No.
5.9¢	43519	1

View Market Depth

No.	Vol.	Price($)
1	17000	0.057
1	175000	0.056
3	130000	0.055
1	350000	0.054
1	15094	0.053

Price($)	Vol.	No.
0.059	43519	1
0.060	189500	4
0.061	136419	3
0.062	192500	3
0.064	302384	2

Last trade - 15.35pm 30/09/2024 (20 minute delay)

MNB (ASX) Chart