Here is a possible explanation:
1-Mhl set romures that there is a good licenses in
Indonesia.
2- The sp price goes to 40 cents.
3- Options go to 1 cents.
4- Directors and other well connected people sell their
options and shares for a nice profit.
5- MHl ann they did not get the licenses...
6- The sp goes down to 1 cents.
7- The same story will happen next year or eventually the directors will hand over this company to an administrator from asx to clean up...
8-The administrator will take what left for himself.
** Mhl is not big enough or decent enough to be taken seriously by the indonesian goverment or by the share holders...(at least the serious ones).
** God bless the stock market!!!!!
** The above post reflect my feeling and it is not based on any fact.
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