Ann: US$14m Loan Facility Approved & Firm Bids for Placement, page-93

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Merchant2000

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17/04/24

11:02

Post #: 73383504
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Originally posted by wave3andabit: ↑

No point in buying at 7cents when you will probably be able to pick up at 5.5 cents on the next CR that’s if you believe that this shambles has a future.
Can’t see the point in pumping money in this when there are better opportunities around.
The last announcement inspires no confidence in the company it just repeats the same old again and again.
A friend sent me a link to a pump (article) by the S3 group on MNB, so many warning signals in it, looks like they are covering themselves.
They still haven’t made a decision on who builds their plant, twelve months it’s been sitting on the docks and no one appointed to the site, unbelievable.
It’s a losing stock and light years away from chuk’s now 37cents up another 2 cents on his previous prediction.
I hoped management could pull a rabbit out of the hat for those shareholders who bought at chuk’s 17 cents, 15, 11, 9.
Now he’s buying at 7 when it’s going to be 5.5 on the next CR probably, if you want to wait till the next decade buy at 5.5.

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@wave3andabit

100% agree Some Still buying and topping up and getting burnt daily

at Cr price in record time for such a huge discount - REG FLAG x 10 imo

Did you love the advice at 8c about transferring and topping up for your SMSF lol

Last edited by Merchant2000: 17/04/24

MNB Price at posting: 7.1¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

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