I wonder if the recent correction in Mnb was caused by the recent correction in larger cap fertiliser companies. That wouldn't really make much sense though seeing as stocks like Mosaic are trading well above last year's peaks and Mnb hasn't made that break yet. A better lead from Mosaic last night with a 1.7% gain.
That was quite a correction for MNB with a big (hopefully final) surge lower and then recovery to close even yesterday. Maybe another, hopefully smaller, dip today but with a bit of luck, yesterday saw the blow off low for this correction.
MNB Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
