MNB 16.2% 4.3¢ minbos resources limited

Recommendation, page-1057

  1. 14,431 Posts.
    lightbulb Created with Sketch. 4192
    "Some Long term holders will need 100%- 200% plus return from here to break even"

    That's exaggerated. Not many "long term" holders need 100% to get to breakeven. How many long term holders only bought near the peaks at 14c and above? Almost no long term holders need 200% gains to break even but some long term holders are up more than three fold from 2c if holding prior to 2021. It's a volatile stock.
    In any case, I am set to take advantage of that big volatility and large sp moves after increasing my holdings between 5 and 7c, especially with now around 7 million options averaging close to 2c.
    Get ready for sustained higher prices on completion of funding. 100-200% gains are easily justified by the fundamentals and will come - as you like to say - IMO

    "How this is now trading at under 7c is major concern and Red Flag "
    You've been going on about red flags since 5c. It's up 40% since the lows. Your red flags are meaningless and not stopping the current uptrend.

    https://hotcopper.com.au/data/attachments/6400/6400183-a4d270bf199a252c3d9bddeb473adfc7.jpg



    Last edited by chuk: 22/08/24
 
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