MCR 0.00% $1.39 mincor resources nl

enjoy it, page-8

  1. 2,399 Posts.
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    What a stunning recovery!!
    ...and what fabulous management to manage us through an effective 25% fall in nickel price, with just above breakeven & a dividend.

    Now let's hear from those who were so critical of the share buy back. They correctly noted that the buy back had started at around 90c, and followed the share price right down to low 60c range - and told us loudly that it had not stopped the price slide.

    This was correct, but it is easier for the price to appreciate with less shares on offer.

    The price appreciation is a vote of confidence in Mincor management more than a statement about the market conditions (IMO).
 
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