MNB 1.72% 5.9¢ minbos resources limited

Ann: Capanda Green Ammonia Project Update, page-79

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    Placement Details

    The Placement issue price of A$0.11 represents an 18.5% discount to the last traded share price and a 22.1% discount to the 5-day VWAP prior to the Placement.


    Refer discount to market of last CR 22.1%

    Retail holds always pay the price - last 3 announcements no substance only more forward looking glory

    DYOR on SP targets etc

    Some retail holders will never learn how this end of ASX works imo

    Now 2- 3 months of cash left and at mercy of lenders and investors for both running. costs and Funding - Discount ?????


    Last edited by Merchant2000: 14/02/24
 
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