Absolutely painful to watch.
The market is testing Ellison to see who will blink first. He's likely getting a ton of calls from his bankers and other fund managers asking him what he plans to do. The bond holders seem relaxed for now.
https://www.boerse-frankfurt.de/bond/usq60976ac35-mineral-resources-ltd-8-5-22-30
I expect MinRes to announce next week an asset sale or capital raising to address the solvency risk - this will help it bounce. Can Gina come take a strategic stake please?!
MIN $10 Share Price, page-150
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Last
$36.95 |
Change
-1.520(3.95%) |
Mkt cap ! $7.261B | |||
| Open | High | Low | Value | Volume |
| $37.45 | $37.77 | $36.95 | $66.20M | 1.773M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 6 | 34350 | $36.95 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $37.16 | 2000 | 1 |
View Market Depth
| Last trade - 16.10pm 11/11/2024 (20 minute delay) ? |
| MIN (ASX) Chart |