MRR 12.5% 0.7¢ minrex resources limited

Ann: Notice of Annual General Meeting/Proxy Form, page-2

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  1. 4,677 Posts.
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    Ratification of 6.2c Placement Shares....

    These were already issued back in June. It's either they unloaded it all, creating the resistance in the 6c levels we see OR they are just soaking more from trapped hands at 6c buying below C.R levels in preparation for another push? eek.png

    If it can get past 6.2c the cap raise prices ONLY THEN may it retest close to 10c levels biggrin.png once it can clear the 6c levels, only then would it probably act as a very strong support zone. I don't know enough on the stock to know any upcoming catalysts so GLTAHz just thought I would speak out aloud

    Please refer to the Charting Thread for further commentary:
    https://hotcopper.com.au/threads/mrr-chart-fa.4150369/page-10

    SENTIMENT THEREFORE IS NONE UNTIL SIGNS OF CONVICTION APPEAR smile.png


 
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