Mineral Resources share price dives again, down 26% in 2 weeks
Image source: Getty Images
Today, the Mineral Resources Ltd (ASX: MIN) share price still bears the weight of alleged transgressions excavated through The Australian Financial Review‘s investigative journalism.
Shares in the mining services company are 3.8% worse for wear at $37.99 apiece. Meanwhile, the broader S&P/ASX 200 Index (ASX: XJO) is donning a deep 1.5% retreat as we approach the day’s closing bell. Today’s backtracking takes the two-week tumble to 26%.
After yesterday’s destructive 14% fall, some investors may have thought MinRes could wipe its hands clean. However, the billionaire founder’s ‘lapse of judgment’ regarding his personal tax reporting might be an ignition source for further shareholder pain points.
