Is the beaten down Mineral Resources share price a bargain buy now?
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The Mineral Resources Ltd (ASX: MIN) share price had a terrible start to the week on Monday.
The mining and mining services company’s shares lost almost 10% of their value to finish at $36.70.
Why did the Mineral Resources share price crash?
Investors were quick to hit the sell button yesterday after the company completed its investigation into its founder and CEO, Chris Ellison.
This investigation culminated in Ellison agreeing to step down as the company’s leader within the next 18 months.
Ellison was also hit with board-imposed financial penalties of $8.8 million, and loss of remuneration of up to $9.6 million.
These actions were in response to a range of issues and shortcomings that demanded a strong and…
