MBN 0.00% 8.3¢ mirabela nickel limited

Ann: Response to ASX Price and Volume Query , page-10

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  1. 1,566 Posts.
    What do you mean by a 'viable answer'? What did you expect Mirabela to say? If they don't know, they don't know, simple. I'm sure that the managers of this company are not microanalysing the share price action every day, the half yearly is coming up and perhaps some are taking a measured risk in case it pleasantly holds a surprise or two. Debt can be restructured if there are viable reasons to do so, capital works are generally incurred to enhance profit/cash flow. Why do they want in, why not when it's down to $50million market cap. Don't tell me you don't think it's worth that and I see you don't hold at this point. No skin in the game=easy to take pot shots.
 
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