Hi Needmoney,
The reason they have "cut costs" is because all their projects have been such utter failures that there is no need to keep anyone on....there is no work for them
It won't take long for this joker to burn through the cash
MBP was THE worst performong stock on the ASX last year and, by implication, Scollay must rank as the worst CEO
It's a measure of the market's disdain for him that it won't even pay the cash backing for the shares
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