MIN 6.42% $47.94 mineral resources limited

Thanks slick. No issue with the clearing up the gap issue. Ha,...

  1. 6,511 Posts.
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    Thanks slick. No issue with the clearing up the gap issue.
    Ha, ha, brave or foolhardy trying to go long on this? I did sell my trading parcel just after open from the day before. I should have made the same play today as we saw some urgency in buying up at the close.

    I'm actually not keen on overnight holds on this one just in case we get a CR announcement overnight. There is something else going on here with MIN. Comparables like FMG, BHP and PLS have not dropped anywhere as much in recent weeks. Yes debt and being a marginal producer on some mines is a big differentiation but still the confidence of this short and lack of any meaningful bounces, is not quite adding up on the FA.

 
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