MNB minbos resources limited

Ann: Quarterly Activities Report and Appendix 4C, page-131

  1. 7,340 Posts.
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    Thats a very cynical and unsophisticated take.

    Every 'insider' (i.e., Directors and senior management personnel) with the "inside track" that has brought (and held) is currently deep, deep in the red. They were wrong and misinformed in their expectations.

    I remember when the former Chairman and the Chinese investors bought in for a 'steep discount' (at 11c!). The forum was gnashing its collective teeth at that discounted price. Well, several years later - the SP needs to increase by more than 100% to get close to that price again.

    Really the only ones that have benefited are the sophs like Chuk that participate in the raises and dump when that paid ramper guy blasts out his spammy content.
 
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