From my perspective, this all started fairly recently in mid 2013, while trading at $4 plus! This represents a 300% drop in the share price, pretty much speaks for itself really.
Some genius decided to shelve the dividend (the main reason most shareholders invested in the company).
The dividends since then, if paid would be approx 30 cents. The lost good will measured in current share price, is ten times this.
1/ I see no director taking a pay cut.
2/ If the company did need to raise funds who would now want to invest?
3/ The only thing I go to IGA for now is the sausage rolls.
4/ MTS needs to understand the share holders really do matter, refer to point number 2.
5/ The donkey could probably make a better CEO*.
6/ The directors are not interested updating the share holders with what is happening, so by default you get more shorters and a lower share price.
(*IMO,DYOR).
7.1M shorted in Fri, page-8
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Last
$3.59 |
Change
0.020(0.56%) |
Mkt cap ! $3.940B | |||
| Open | High | Low | Value | Volume |
| $3.57 | $3.62 | $3.57 | $8.719M | 2.423M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 22020 | $3.59 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.62 | 58837 | 6 |
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| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MTS (ASX) Chart |