MNB minbos resources limited

Ann: Quarterly Activities Report and Appendix 4C, page-221

  1. 15,963 Posts.
    lightbulb Created with Sketch. 4932
    Just wondering by Merchant's logic if he considered RMD a sell at $21 because the sp was down heavily. Suerly the market must have been right?
    That was on REAL volume too, not the piddly volumes we are seeing on MNB.
    Or, sometimes the market is way off the mark - even with blue chips. Sp proves nothing, especially with small caps. Anyone with any market experience should know that.

    https://hotcopper.com.au/data/attachments/6790/6790240-92bc6cd2eeab765c18514a960c5c008b.jpg

    Small caps are much more volatile. Those extreme lows don't look like good places to sell. A deep sp correction is often just the result of long periods without news and impatient investors or traders.

    https://hotcopper.com.au/data/attachments/6790/6790256-48f945afd544be7f5b4886f1418c9bd4.jpg



    Last edited by chuk: 06/02/25
 
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