MBN 0.00% 8.3¢ mirabela nickel limited

MBN & ASX are thicks as thieves here - as an ASX Price Enquiry...

  1. 26,104 Posts.
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    MBN & ASX are thicks as thieves here - as an ASX Price Enquiry is definitely warranted for the recent sell down of approx. 50%/60% in a month, but moreso 25% on Friday, followed by 5% yesterday and still falling. No doubt some confidential discussions have occured between both parties and the market is not privy to them (disgraceful).

    It was the same case back in Oct 2013 when the company went into a TH with no news to announce and then the likes of Elizabeth Harris saw fit to keep MBN in suspension, no doubt discreetly communicating with management at the time and getting updates to warrant the suspension and we all know what happened after or what was cooking behind the scenes with the noteholders (disgraceful).

    Saying all that, I have heard in the broker community that MBN will be releasing a Quarterly Report within the next week and hopefully soothe any fears that the market has with MBN. Believe management here have gone to Brazil to meet with Senior Management of DML based in Brazil and no doubt nutting out this report and general update to the market.

    anything positive or progressing well, etc... report will shoot the sp back up to some normality. buying more around here...
 
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Currently unlisted public company.

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