At least the small cap bear market is looking like it's over. MNB continued to fall from around 10c to 7c after that IDC loan was announced but it's since recovered much of that fall and seems to have formed a good base. It's not just MNB starting to recover.
Some of the worst performers of last year are having some decent gains for anyone lucky enough to pick their lows.
LKE is up 17.5% today and is up 31% from its low. GLN is up 18% today and most lithium stocks are having a good day. NRZ is up 16% today too on no news but is not lithium. It's a fertiliser stock (urea).
Not much consolation for anyone holding most of those from mid last year or earlier but hopefully a sign that we are through the worst and maybe even starting the recovery.
"Today marks 4 months since the loan with IDC was first announced"
Hopefully that approval is received soon then.
LKE
MNB
Ann: Capanda Green Ammonia Project Update, page-143
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Last
6.1¢ |
Change
-0.001(1.61%) |
Mkt cap ! $53.59M | |||
| Open | High | Low | Value | Volume |
| 6.3¢ | 6.3¢ | 6.0¢ | $52.48K | 863.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 564815 | 6.1¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 6.3¢ | 451681 | 3 |
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| Last trade - 13.01pm 26/07/2024 (20 minute delay) ? |
| MNB (ASX) Chart |