MNB
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6.52% 4.3¢ minbos resources limited

Someone should check their math. The overnight finance rate is...

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  1. chuk
    14,277 Posts.
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    21/02/24
    10:58
    Post #: 72512039
    Someone should check their math. The overnight finance rate is 5.3%. Add 6.77% and you get 12%.
    That's good and normal for a loan of this type. That rate would fall if interest rates begin to fall later this year but MNB should pay that debt down very quickly anyway based on current guidance.
    MNB Price at posting: 10.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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