Yes … tax loss selling will certainly be a factor over the coming 28 days.
We have also had the ‘dead cat’ bounce and their was no new oxygen to keep things rallying higher (I.e. no asset sale, no new strategic shareholder, etc)
The next 3 months will provide opportunities if investors are willing and mentally prepared to be taking a medium/longer-term countercyclical position.
MIN do the mining services business so well, so why not focus on that more, reduce debt as rapidly as possible, and look to build a cushion of greater financial security and cyclical sustainability?
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MIN
mineral resources limited
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$23.90

A double bottom really can’t be discounted, page-11
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Last
$23.90 |
Change
0.200(0.84%) |
Mkt cap ! $4.696B |
Open | High | Low | Value | Volume |
$24.10 | $24.47 | $22.76 | $80.81M | 3.398M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 7660 | $23.88 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$23.92 | 5177 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 986 | 23.750 |
2 | 368 | 23.700 |
1 | 3024 | 23.650 |
1 | 40 | 23.500 |
1 | 426 | 23.460 |
Price($) | Vol. | No. |
---|---|---|
24.000 | 800 | 1 |
24.290 | 1750 | 1 |
24.390 | 2100 | 1 |
24.450 | 3270 | 1 |
24.480 | 380 | 1 |
Last trade - 16.10pm 13/06/2025 (20 minute delay) ? |
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MIN (ASX) Chart |