asic

The smarties will avoid insolvent trading because they finance thru share issues not debt. Also 'forecast' to be cash flow positive by July. I hope this is genuine and not just a dream.
Reading past posts it seems i am the only one holding (or admitting) to holding MUL. Fortunately i do not have the 'farm' riding on this. Nevertheless its a nuicance all the same.
Being the eternal optomist i am hoping that MUL can land a few big contracts which will boost the SP.
OBVIOUSLY I am not the only wood duck on this one.
It is natural to be suspicious of optomistic reports released by directors but we tend to rely more on reports from broking firms. IN this case i relied on the brokers report.
If brokers cannot show that they have a genuine belief in the reasonableness of their forecasts then they should be rubbed out. No question.