Absolutely painful to watch.
The market is testing Ellison to see who will blink first. He's likely getting a ton of calls from his bankers and other fund managers asking him what he plans to do. The bond holders seem relaxed for now.
https://www.boerse-frankfurt.de/bond/usq60976ac35-mineral-resources-ltd-8-5-22-30
I expect MinRes to announce next week an asset sale or capital raising to address the solvency risk - this will help it bounce. Can Gina come take a strategic stake please?!
MIN $10 Share Price, page-150
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Last
$51.23 |
Change
0.000(0.00%) |
Mkt cap ! $10.06B | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 386 | $53.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $40.99 | 243 | 1 |
View Market Depth
| Last trade - 09.42am 09/10/2024 (20 minute delay) ? |
| MIN (ASX) Chart |
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