MNB 1.43% 7.1¢ minbos resources limited

In my opinion it's no coincidence that we're getting capped just...

  1. 332 Posts.
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    In my opinion it's no coincidence that we're getting capped just above and around the last CR price of 7c. Might take a week or two, or a month before those that want to sell out from the CR are finished. Or another big annoucenment.

    And why not sell the CR shares, keep the free options (that have been selling for 3c themselves). Free exposure to the company. Can even sell your CR shares for 7.1c and make a 1.4% gain.

    A lot of that CR would have gone to sticky hands, but definitely some CR related selling going on here.

    I'm still positive for what this company can do, and hoping to see dividends in 2-3 years time! But we'd probably be at +10c plus today if management hadn't gifted themselves and their mates the free options. Maybe even running away higher and higher without the CR anchoring the price.

    The stench of the 7c CR with the free options continues to linger.
 
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3 58156 7.1¢
 

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Price($) Vol. No.
7.2¢ 49933 1
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