I agree entirely. But the word on HC from some is that the money is legally due, that the govt. have to cough up and that MBN and co. ride happily off into the sunset. This is tax that MBN have paid. Why would it be paid if the govt only paid it back? Ok, it's GST/VAT whatever, and there are funny things happen with that, but still ......
As you can see from the turnover/profit figures, $11m was never going to guarantee continued operations.
You're right there too, much better putting the funds into chocolate factory start-ups, more chance of the money staying in Bahia.
MBN Price at posting:
8.3¢ Sentiment: None Disclosure: Not Held