They refused to comment to AFR as they knew whatever they said would be posted in their article and the staff are not allowed to make decisions for the investing team officer/CFO
If they said bullish comments they would be slammed and questioned & criticised no end and if it goes lower they would be attacked and maybe even investigated.
if they said bearish comments it would be put up with headlights as front page news and undermine their own holding in MIN so why would they do that?
its a no win win for them either way. So they were told to shut up.
What MIN needs is for them to come out and BUY shares at these 5 year low area and show support but they havent have they AUS Super sold down in fact
The site trip showcased the good news & massive works but with a minor 8% downgrade despite booming MOM production/shipping up 46% so market illogically sold it down 24 to 22 area LOL !
market wants to see cashflow/production ramp up not more smoke and mirrors
QR4 end July or market upgrade would alter bearish sentiment imho
MIN Price at posting:
$22.19 Sentiment: None Disclosure: Not Held
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