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Mirabela's Santa Rita nickel mine in Brazil.

Mirabela Nickel shares plummet

Mirabela Nickel has confirmed that it is considering launching a capital raising after its shares were halted from trade, following a 30 per cent plunge in value to a near all-time low.

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It is highly unlikely that the company is not aware of the share price movements in my opinion ASX should investigate the matter thoroughly and form an independent inquiry panel as the wealth of shareholders is getting eroded.

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Share Transactions

01/04/15
$13k Bought
23/09/14
$7k Bought
30/01/13
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

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