Maybe your example on TON is on the mark Tony. Where will the knife stop falling in MNS? Unless finance kicks in on either the Nachu mine or battery sites I suspect this will continue to fall....where will it fall to, who knows, but like TON long termers mark-to-market loses can be substantial - the same position as s lot of MNS long termers.
Will MNS go into admin? Who knows? Using your TON as an example, a few loaded up in the restructure raising at 5c, and sold some 6 months later for 10c+. Gee an annualised return of over 400% isn’t bad for those that saw the opportunity.
Perhaps people are doing this in MNS as well - the constant falling knife shows little support - perhaps people are seeing a downstream exit point ???
- Forums
- ASX - By Stock
- Ann: Trading Halt
Maybe your example on TON is on the mark Tony. Where will the...
-
- There are more pages in this discussion • 28 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MNS (ASX) to my watchlist
|
|||||
Last
4.2¢ |
Change
0.000(0.00%) |
Mkt cap ! $50.37M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Featured News
MNS (ASX) Chart |
Day chart unavailable
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online