I strongly disagree.
They had a plan.
But the plan was stupid and the share price got smashed accordingly. And so it should have.
But after the SP got smashed..they had to pay some money and to do so they sold Stella at a discount.
Now their previous plan and direction which was smashed and stupid has to be revised to account for the markets reaction and a 70% SP drop.
I doubt they are sitting at Kirra beach drinking beer and having a BBQ.
I would say they are working on a plan to get MFS rolling again...and if they dont...they will go into administration.
But to say they are doing nothing because they dont respond to media specualtion...where the media only makes money by writing such stories to fill pages.....is most probably 100% wrong.
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no news from mfs...but the herald regurgitates, page-7
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