mxg - tossers at the australian, page-12

re: so where to from here? Hmmm ..... Huntley does not like them ... sell/ avoid rec. .... here's a snippet:

"There is anecdotal evidence that sub-contractors are being squeezed and this could eventually lead to delays delivering in the work in progress on time with potential additional penalties. It would appear that MXG's cash flow is still strained..."

It does seem risky ..... think I will pour cold water on my optimism at current prices and just watch things unfold from the sidelines ..... no point in being cut to bits trying to catch a falling knife .... 'when in doubt don't' is probably a good maxim .... talkin' to myself here .... convincing myself to let this (opportunity??) slip by for the time being.....