Being taken over by MOL is not really a viable option, it will get even worse in my opinion. To be honest, I am not sure if MOL or Liongold is the worst option. Either way, its no good.
The only way for us to dig ourselves out of this is a change in management. a new perspective to restructure the business and set things straight again could be our only hope. The current team just could not get things right (like they are cursed!)
Its fortunate in a way that Liongold is currently in as much trouble as we are, if not, they would have gobbled us up. I really hope someone in the top 20 could muscle in right now. none of us collectively could have enough voice to even be a squeak as demonstrated in the recent voting result.
Shot of that, like me, everyone should just give up and look at this as a potential offset for CGT.
UML Price at posting:
1.2¢ Sentiment: None Disclosure: Held