MRR 25.0% 1.0¢ minrex resources limited

Why did GEORGE buy all those shares if there is NO PLAN?, page-3

  1. 1,043 Posts.
    lightbulb Created with Sketch. 88
    I can see that George's decision to buy $93k worth of shares at 1.6c, after the stock price plummeted from 8c, has stirred some emotions. Let's not forget that people even paid 6.2c on a capital raise based on some rock chip samples. The audacity!
    But I must say, isn't it quite intriguing to wonder why the directors would invest so heavily if they thought the company was sinking? It's almost as if they have some insider knowledge, or maybe they're just terrible gamblers who enjoy throwing money away.
    As for George, perhaps he should have considered a trip to the casino to bet on his favorite drill hole number, as you so eloquently suggested. After all, who needs careful consideration and due diligence when we can just toss our hard-earned money into the hands of Lady Luck? Sounds like a winning strategy to me!
 
watchlist Created with Sketch. Add MRR (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.002(25.0%)
Mkt cap ! $10.84M
Open High Low Value Volume
0.9¢ 1.0¢ 0.9¢ $37.99K 4.053M

Buyers (Bids)

No. Vol. Price($)
11 5298545 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 3786213 8
View Market Depth
Last trade - 16.10pm 11/07/2024 (20 minute delay) ?
MRR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.