Can Mbe management be trusted? Quite clearly their acrions dictate a desicive no. If that's not an issue for retail punters it should be. I didn't understand the model and management could not be trusted. That is a potent mix. It appears the fundies voted with their feet on mass with those shares ending up in the less informed retail punter's unsteady hands. I suppose my view is that Mbe probably has a chance of redemption. I will be reading with interest the chairmans contribution at the Agm. His copy book is blotted. He appears talented. But he has overseen a reserve grade performance. He won't feel any heat from the fundies which should sway behaviour., just the plebs flogging a bit of wet lettuce.
MBE Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held