Interesting article from the Fin's Gluyas outlining how the smart money from L1 ( now over 6.5%) and Bell Petter's Coppleson sees the worst being over and noting shorts have recently reduced by over 3%.
this is the first positive on Min Res I have seen from the Fin, albeit Gluyas is acting as a journalist and reporting the news, rather than making the news with their sensationalist, tabloid and probably illegal shorting articles.
Its probably on the recommendation from the Fins legal team so they can make out they have a balanced objective lens when the they take the stand in the impending court case.
Hopefully the link below works with their paywall.
https://www.copyright link/markets/equity-markets/hedge-fund-l1-buys-up-mineral-resources-during-the-scandal-sell-off-20241030-p5kmow?gift=7plmghA50uKvYy5NOJuUcglLogOom5VP_4I-z5PpGI-6VSCVp2qiGiPsix5UBHAuvCoQhnro-UrdHQVYpgavRYijxosMDS_hBZ2-KTncVRI0CrXdrsy8-nnGTjJYjXyJgrY
This is all looking like monday's going to be huge when the report is issued.
We may well be looking to see how strong resistance to the recent high of $55.48 is.
GL Wazz
Interesting article from the Fin's Gluyas outlining how the...
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Last
$22.59 |
Change
-1.090(4.60%) |
Mkt cap ! $4.439B | |||
| Open | High | Low | Value | Volume |
| $23.21 | $23.21 | $21.96 | $91.81M | 4.077M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4000 | $22.55 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $22.60 | 1749 | 2 |
View Market Depth
| Last trade - 16.10pm 18/06/2025 (20 minute delay) ? |
| MIN (ASX) Chart |