MFS mfs limited

more money wasted egm melb, page-9

  1. 545 Posts.
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    I just checked my diary and, FANTASTIC! I am free on the 28th March so you can guarantee I will be attending the EGM - why not make my first EGM a memorable one! The absolute bullsh&t spun by management over the past six months has absolutely astounded me and is totally criminal. I have completely lost faith in the claims of not just this, but any company's management as a result of this and many other recent examples. Hence I look forward to seeing the bastards roasted...

    I have been reading all of the comments on here for the past month or so and the discussion has been spirited to say the least, but all I can say is that I have lost a bucket on this but still have a reasonable amount of cash in there that I would like to use elsewhere and, to be honest, I just want out, unless the management pulls a mighty fine rabbit out of the hat after the restructure - but all this infighting is hardly confidence inspiring.

    FYI, I know the Rivkin guys, who got me in on this, and with whom I no longer subscribe, mentioned offhand an equity level for the pared back MFS/OCT in the range of 50-100 c quoting some insider as the source. You would think that may support the current share price, but BB I honestly think you are deluding yourself if you think we will see prices in the range of $2+ anytime in the near future...

 
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Currently unlisted public company.

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