MBN 0.00% 8.3¢ mirabela nickel limited

Well, now I get to agonise over whether to buy back in now or...

  1. 4,447 Posts.
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    Well, now I get to agonise over whether to buy back in now or give it a while to cool its heels further...it is, after all, below $1.65. But, being unemployed, the risks have to be very very carefully weighed.

    One risk, of course, being whether the management team open their cake-holes and scuppers everything even worse by saying something extra retarded like "Oh yeah, we'll do a capital raising in a month and a half, at 30% below par, no matter how munted the share price!"

    Wouldn't surprise me. idiots. I'll put in a ST Buy sentiment...with a proviso that its only cause its below where I thought it would retrace to...which means I was wrong about the bottom, so who knows where it'll head now?
 
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