Q, lots of punters have been loading up at these levels with 5-6 million through on some days. Management need to focus on swiftly delivering the OS growth and profit as you've said many times and keep shareholders better informed with clear language that can be understood by all.
They have been absolutely caned because their release looked like they were hiding something and the CBA and probably others dumped over 100 million shares onto the market creating the free-fall IMO.
This has nothing to do with the fundamentals IMO, just the big boys deciding to cut their losses and move on with their clients hard earned. Not only can they manipulate the SP, but they can destroy it too.
Aresholes I say, but that's the share market, full of irrational humans, but it will come back sooner than you think IMO once the market understand this is indeed a one-off "speed hump" with a stack of OS growth to turn things around big time.
MBE Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held
