MNB 2.90% 7.1¢ minbos resources limited

sellers desperate to get out now, obviously something going on...

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  1. 3,947 Posts.
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    sellers desperate to get out now, obviously something going on in the background. Its a very big shareholder getting out and they have no regard to the price or liquidity of the stock

    I thought they were a good chance of finding a strategic partner but how do you explain a 90% fall in the share price, a key project in an ownership dispute and a management team drawing a million dollars in salaries from a $3m company to a big fertiliser company??

    the moral thing to do would be to cut all salaries by half, if not more, until there is an outcome on the strategic partner process....but hey there is nothing moral about this company

    CEN got a rival bid today so its certainly nothing to do with the phosphate sector


 
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Last
7.1¢
Change
0.002(2.90%)
Mkt cap ! $51.83M
Open High Low Value Volume
6.9¢ 7.2¢ 6.9¢ $111.0K 1.576M

Buyers (Bids)

No. Vol. Price($)
1 1000 7.1¢
 

Sellers (Offers)

Price($) Vol. No.
7.2¢ 424789 2
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Last trade - 12.26pm 04/12/2024 (20 minute delay) ?
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