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6.4¢ minbos resources limited

@chuk imo would be selling in anticipation of cheap shares...

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Merchant2000

21,951 Posts.

899

26/06/24

13:23

Post #: 74494460
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Originally posted by wave3andabit: ↑

Minbos have known for six months about the decree issued by the Angolan government on loans to support the development of agriculture.
Minbos has been negligent in not pursuing these loans earlier.
Minbos also stated around mid April that discussions were underway with Angolan financial institutions so possibly three months have passed since initial dialogue so why no funding.
Due diligence three months gone could it extend to four to five months.
If they have initiated discussions as far back as January then something is terribly wrong.

Time is running out they need cash an effort today to raise the share price has not really produced a result.
Back to 5 cents shortly and a CR 20 to 25% discount is a distinct possibility.

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@chuk imo would be selling in anticipation of cheap shares coming to sophisticated

Plenty willing to take sub 6c

MNB Price at posting: 5.3¢ Sentiment: Hold Disclosure: Not Held
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(20min delay)
Last 6.4¢		Change 0.003(4.92%)		Mkt cap ! $56.23M

Open	High	Low	Value	Volume
6.2¢	6.4¢	6.1¢	$91.10K	1.440M

Buyers (Bids)

No.	Vol.	Price($)
3	115442	6.1¢

Sellers (Offers)

Price($)	Vol.	No.
6.4¢	77111	1

View Market Depth

No.	Vol.	Price($)
3	115442	0.061
6	381666	0.060
2	82729	0.059
2	65000	0.058
1	10526	0.057

Price($)	Vol.	No.
0.064	77111	1
0.065	670993	4
0.066	160000	2
0.067	20000	1
0.068	24600	1

Last trade - 16.10pm 18/11/2024 (20 minute delay)

MNB (ASX) Chart