MNB 25.9% 7.3¢ minbos resources limited

Ann: Trading Halt

  1. pbx
    498 Posts.
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    I used to hold a little while back. Got in, more as a punt, at 0.64c, sold out at latest 0.60 spike, but always keeping an eye on this.

    After some post-purchase research I had become moderately hopeful, then the proposed merger put me off. Another 2.5bn shares...

    It finally didn't go through.

    Kind of puzzled. Why was the consolidation voted down ? I would have thought that it would have put some wind in the sails.

    Probably buying in again, especially at these prices and keen to hold for the long term, but have no idea where MNB is standing right now. Website not exactly inspiring.

    Any thoughts, anyone that has been in this long enough to have an informed opinion?

    Cheers.
 
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