think that MLX is operating on debt & borrowings at this time , Nifty is hemoraging MLX when Renison is increasingly more profitable . Don't forget who got us into this mess .If it wasn't for shareholder & bank support MLX would be in severe financial trouble at the moment . So what do we do shoot the messenger here APAC, when it was management who got us into this deplorable situation - they have pushed the bleeding Nifty under the carpet , while extolling Renison - but the figures just didn't add up , hence the low ball cap raising & bank loan facility . Just check out the chart direction .I believe if APAC had have got the numbers it would be up- up - up as Coles would say . Don't forget who got us into this , at least they could be honest about it
MLX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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