MNB 2.90% 6.7¢ minbos resources limited

Recommendation, page-1109

  1. 14,048 Posts.
    lightbulb Created with Sketch. 4053

    "Selling at these levels is very concerning "

    Why would you be even slightly concerned when you don't hold? It's very hard to believe that you are at all concerned when you jump at any correction to post that the stock is down 5% but never comment when it goes up 5%. What's concerning about a 5% drop on just $55,000 of stock traded when it climbed from 4.9c on much larger volumes? What's concerning about a mild correction in a steep uptrend?
    MNB is still down around 35% and 41% on its 2021 and 2022 sp averages. That's not at all unusual volatility for a small cap. There are many stocks that are down 90-97% or more and showing no signs of recovery. I'm still waiting to hear why you are not on those threads trying to rescue investors from those stocks. Waiting, waiting....



    https://hotcopper.com.au/data/attachments/6409/6409669-e27301558225f28619cddb4d092482b2.jpg

    LKE is down 97% from its 2022 average price (not peak price) and is showing no sign of a turnaround.

    https://hotcopper.com.au/data/attachments/6409/6409706-8b7370e29ff3b9134a1506588d9e7ae3.jpg

    NRZ isn't much better.

    https://hotcopper.com.au/data/attachments/6409/6409707-b5ba01e3c24b80907e05f4e5d2c75b2d.jpg

 
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Last
6.7¢
Change
-0.002(2.90%)
Mkt cap ! $58.86M
Open High Low Value Volume
7.0¢ 7.0¢ 6.4¢ $49.77K 743.1K

Buyers (Bids)

No. Vol. Price($)
1 145167 6.6¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 191529 1
View Market Depth
Last trade - 16.10pm 26/08/2024 (20 minute delay) ?
MNB (ASX) Chart
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