MNB 3.64% 5.3¢ minbos resources limited

Ann: Quarterly Activities Report and Appendix 5B, page-214

  1. 420 Posts.
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    Only you can answer that and the answer depends on your investment goals and strategies, to acheive those goals. If you believe that the SP of MNB will peak at 0.12 in the next year then your entry point at 0.092 is relatively high. If you believe that MNB might acheive a market cap greater than, say, AUD300 in the same period and you are satisfied with %500 then id say current prices are a fantastic entry point. Id guess you know that already. A word of warning though, dont base your decisions on what other posters "consider". You will always find a post on HC forums to give you a warm fuzzy feeling. If you're investing your hard earned then DYOR through other sources. If you base all your decisions on what people post, you will lose objectivity and lose $. Maybe not immediately but its easy to get caught up in the emotions on these forums. Good luck and be careful. Having said all that, lol, my thoughts for what its worth are that MNB is potentially a "once in a lifetime stock" for LT holders.
 
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Mkt cap ! $47.58M
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5.4¢ 5.5¢ 5.3¢ $16.18K 299.4K

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No. Vol. Price($)
2 195682 5.3¢
 

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5.6¢ 79119 3
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