MRE 0.00% 87.0¢ minara resources limited

finished at says highs 2 days in a row

  1. 3,792 Posts.
    Okay so MRE finished at days highs 2 days in a row.

    Could this be a bad sign.

    I sold some more MREWMA today at 6.5 & 6.7 cents after buying last thursday at 3.5 cents.

    I want to get into MREWMB but I am not sure of the timing.

    I wish to get out of MREWMA 1st.

    It's a hard decision to sell because while I am confident MRE is going to be higher than todays close of $2.40 before November 25, time decay is a factor in warrants.

    Todays rise in MRE's share price was worth about 30% in the warrants.

    While MRE's share price is up I can't tell exactly when it will take off.

    MRE hasn't taken off yet due to the 20 cent capital return but it will one day. I hope I can buy some call warrants the day before:)

    Cheers.
 
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