Well there is one question answered. It was very much a foregone conclusion anyway. I wonder about all of the other questions. Grimshaw's departure announcement states that the company has apparently gone through the first phase of its growth during his tenure and Perry is now going to steer it through its second phase. That growth is not reflected in the balance sheet where you would expect to see it. At most it can be said that the company is in positive equity territory although it declined in the last half year. From an investor's point of view that would be seen as regressing. I am fully aware that the market has crucified the small caps and MIL is a minnow amongst them but the market cap will not improve until their is evidence that potential catalysts exist and there is at least one set of accounts to prove that they are working. Your last comment @terrior ,as wild as it may seem, cannot be ruled in or out.
MIL Price at posting:
29.0¢ Sentiment: None Disclosure: Held
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