MRL 8.00% 23.0¢ mayur resources limited

had a look at the accounts - not good at all, page-17

  1. 4,504 Posts.
    re: good-bye mrl Well that is to take into account that there actually IS that much inventory!!!

    Either way the financials LOOK shocking and I wouldn't touch this stock with a barge pole........and it seems MOST other people agree as it is getting SMASHED!!!

    In my opinion 1 of 2 things is gonna happen.......Either it will end up like ION or it is a perfect takeover option for the likes of WHS!!!

    Simple really.
 
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