MFS mfs limited

time to ease up, page-11

  1. 129 Posts.
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    The departure of Peacock marks the end for MFS.
    As you say Navyman many of the Mums and Dads are only there because of him.

    Due to the guarantees MFS made when it was flush with money, and the legal action, and failure of funds management business, MFS will be left with a net debt.

    Scott, by virtue of being on the Board, might pick up the remaining 35% of Stella for a bargain price. That's what he'd be looking at.

    Shareholders will be left with the rest - nothing.

    Even Chris Scott won't want a Coy with net debt and a name no-one knows.


 
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Currently unlisted public company.

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