Contrary to what seems to be consensus here about ties between Hancock and the companies they hold being shorted, a lot of the shorts in LTR, MIN, LYC, etc have a logical explanation w Lithium spod, iron ore and NdPr all correcting sharply. MIN happens to operate high cost iron ore and lithium, so it's def not a surprise it is being targeted by shorts especially given its leveraged balance sheet. I still hold MIN (recently bought some at 43) but it is a medium term investment for me.
One can speculate about dark conspiracy theory till the cows come home, but it ain't going to put food on the table. Better ways to spend the time to actually do some macro and micro analysis
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Ann: Erregulla Deep-1 Update, page-97
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Last
21.0¢ |
Change
-0.015(6.67%) |
Mkt cap ! $601.7M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.5¢ | 21.0¢ | $1.393M | 6.439M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 13 | 833597 | 21.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 21.5¢ | 1173079 | 4 |
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| Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
| STX (ASX) Chart |