MNB 3.92% 4.9¢ minbos resources limited

No gap today and no switching yet from CXM to MNB either. That...

  1. 13,802 Posts.
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    No gap today and no switching yet from CXM to MNB either. That stock was down 5% early but is now up 11% again at 20c. That's over 60% in three days. An extraordinary move and shows what can happen when an undervalued stock gets "discovered" by the market.
    I'm looking forward to when MNB does something similar. Right now we are pausing below resistance just as CXM did just before its big move. Hopefully we make a similar move to theirs. Both phosphate stocks, similar chart build up, similar resources, similar grades but we also have the green ammonia. a similar move for us would be into the low 30's. I'll be happy to see half of that sort of move in the short term.

    https://hotcopper.com.au/data/attachments/4217/4217338-dc70cf4e15198b13af62871087d96306.jpg



    Last edited by chuk: 30/03/22
 
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Last trade - 14.48pm 11/07/2024 (20 minute delay) ?
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