MIN 13.9% $49.14 mineral resources limited

Look I'm not saying the debt level doesn't raise the risk...

  1. 1,522 Posts.
    lightbulb Created with Sketch. 166
    Look I'm not saying the debt level doesn't raise the risk level...
    (Of course it does)
    But what do you prefer?
    A company that holds it's share registry tight and funds it's expansion with serviceable debt and internal cash flow?
    or the alternative?
    The endless dilution of shareholders stake - feeding the brokers and big end of town with constant dilutional capital raises?
    This is why the big end of town gets pissed in situations like this IMO...
    Keeping the share registry tight (from any of the outsiders wanting cheap shares) limits their access to any upside and of course their fees and snout feeding at the trough..
    Be very wary of what this crowd says or advises..
    (Just MO)
    NA
    Last edited by asxunsullied: 03/09/24
 
watchlist Created with Sketch. Add MIN (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.