MNB minbos resources limited

How on earth can you possibly claim to be 100% right with a...

  1. 5 Posts.
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    How on earth can you possibly claim to be 100% right with a statement such as:
    "ASX worst performing dogs lists since 2021"

    In 2024, 78 companies were delisted from the ASX. In 2023 there were 92 delistings. Last I checked, MNB is still faring better than that.

    There's not yet any cause for celebration, especially for long term holders, however it is still listed, has a resource that is needed by a growing local market along with export opportunities, has a plant under construction with financing looking to be delivered in the short term, and has a vision to expand to add-value products to continue to grow the scope of the business and add more customers.

    You're correct, admittedly, that this end of the market isn't for the faint of heart. There is a downside risk that financing is delayed or doesn't materialise, which would cause dilution and further project delays. On the opposite side there is also a huge upside should Minbos get into production and start getting sales. One could reasonably expect to see multiples of the current price should production be achieved in the short term. It's a risk/reward calculation that you're either willing or unwilling to take.

    On that basis, I really don't understand the motivation for parroting your own posts and clogging the feed with scare tactics, while completely ignoring any upside potential. Holders inherently want to see the price trend upwards, and non holders would surely only care about the price if they're shorting or looking for a potential entry point in the stock. So why are you so invested in plastering the forum with downside potential only, and why is it that you feel the need to spray the champagne bottle every time you see a red number against the stock for the day?
 
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(20min delay)
Last
4.8¢
Change
-0.003(5.88%)
Mkt cap ! $46.80M
Open High Low Value Volume
4.9¢ 4.9¢ 4.8¢ $44.85K 924.2K

Buyers (Bids)

No. Vol. Price($)
1 21276 4.7¢
 

Sellers (Offers)

Price($) Vol. No.
5.0¢ 100000 1
View Market Depth
Last trade - 15.27pm 13/06/2025 (20 minute delay) ?
MNB (ASX) Chart
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