Ann: Acknowledgement of Class Action Proceeding, page-15

First 15 Last

Share
Profile

Follow
Aquarius11

866 Posts.

198

02/04/25

10:05

Post #: 78511146
Share

Originally posted by xxLiONxx: ↑

There are several reason MinRes shares are where they are. In my view these are the main reason in order of importance/impact they had

a) Debt- MinRes had to gear the B/S to an uncomfortable level to get this project across the line.
b) Onslow ramp up issues, road rollovers
c) Cyclone
d) Lithium prices that has impacted the entire industry and not just MinRes
e) Short selling hedge funds feasting on the carcass
f) Lastly, Its the governance issues and very public takedown by AFR

So in my view (& without knowing the specifics of the class action) it will be pretty hard to pin down the drop in share price to company/MD not disclosing certain matter at a certain time to the boomers. Good luck wasting your time and money - and let MinRes focus on work!

Expand

A very good post, thanks Lion

MIN Price at posting: $23.78 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

DYL

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASM

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

PH2

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

BBT

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

First 15 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $23.81		Change 0.360(1.54%)		Mkt cap ! $4.692B

Open	High	Low	Value	Volume
$23.15	$24.23	$22.95	$27.11M	1.145M

Buyers (Bids)

No.	Vol.	Price($)
2	413	$23.79

Sellers (Offers)

Price($)	Vol.	No.
$23.82	350	1

View Market Depth

No.	Vol.	Price($)
3	1274	23.850
4	1185	23.840
5	5079	23.830
9	2964	23.820
10	1623	23.810

Price($)	Vol.	No.
23.870	499	6
23.880	1206	9
23.890	1212	6
23.900	1083	5
23.910	2660	7

Last trade - 11.59am 17/06/2025 (20 minute delay)

MIN (ASX) Chart

Ann: Acknowledgement of Class Action Proceeding, page-15

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Ann: Acknowledgement of Class Action Proceeding, page-15

Top Stories

Much-shorted Oz Uranium stocks enjoying big week – and big price jumps

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

'Encouraging' signs as ASM puts cash-saving options to test at Dubbo drill site

Iran, nuclear energy, oil – a revival for hydrogen! Nel ASA, Pure Hydrogen, Plug Power, and Oklo

'Clearly superior': Betr doesn't want to accept PointsBet picking Mixi instead

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News