MNB
Click for more information
3.77% 5.1¢ minbos resources limited

Whilst I hear what you're saying, in reality it doesn't work...

  1. Red Baron
    4,031 Posts.
    lightbulb Created with Sketch. 6745
    clock Created with Sketch.
    11/04/24
    16:22
    Post #: 73299997
    Whilst I hear what you're saying, in reality it doesn't work that way.

    For example
    NHE has been trading in the 9.5c to 11c range last 10 trading days.
    Today they offered a SPP whereby shareholders could buy at 9c and get 1 (20c) option for each 3 shares they buy.
    (note the exercise premium to current and the 1:3)
    Today it closed at 8.8c down 0.9c and below the offer price.
    Who is going to participate in the SPP when you can buy on market cheaper?
    The company will be lucky to raise anything
    btw I don't hold - just an example.
    MNB Price at posting: 9.2¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

JGH Jade's strong gas exploration results another step towards Mongolian development
right-arrow Created with Sketch.
FHE Frontier Energy achieves key milestone for Waroona energy project
right-arrow Created with Sketch.
BOT US FDA approves Botanix Pharma's excessive underarm sweat drug
right-arrow Created with Sketch.
NEWS From the Floor: Perth conference highlights
right-arrow Created with Sketch.
WAF West African Resources draws final US$100M from Sprott-backed loan for gold plant
right-arrow Created with Sketch.
GYG Guzman Y Gomez shot up nearly 40% in first hour of trades. Can it last?
right-arrow Created with Sketch.
watchlist Created with Sketch. Add MNB (ASX) to my watchlist
(20min delay)
Last
5.1¢ 		Change
-0.002(3.77%) 		Mkt cap ! $44.12M
Open High Low Value Volume
5.4¢ 5.4¢ 5.0¢ $31.55K 599.5K

Buyers (Bids)

No. Vol. Price($)
2 169000 5.1¢
 

Sellers (Offers)

Price($) Vol. No.
5.3¢ 85488 3
View Market Depth
Last trade - 14.32pm 21/06/2024 (20 minute delay) ?
MNB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.