Well Merry Christmas to MLX shareholders - thanks for the Christmas present -the company update. The shear level of incompetence of this board and management is astounding. I persistantly maintained Nifty would be closed. The board needed review, re-set, then review. Now I will predict something else which is also inevitable. MLX will change hands or be suspended . They said their loan covenants are in good standing - what about 6 cent share price ? I think the bankers will be getting nervous about the serious costs in shutting Nifty . So how did Rension go from star performer to poor performer in 2 months. Stick you next cap raising . Prepare for the Chinese takeover when /if it is suspended
MLX Price at posting:
6.6¢ Sentiment: Hold Disclosure: Held
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