As if they were ever gonna find any quality distressed assets for the 25 million peanuts offered by the State Govt.
A sad day for all shareholders. Just wished the NO Vote had won!
We won the court case yet management encouraged the yes vote. And this is the result. PH is gone and most likely Mel will be wound up.
A company that was heading for a bright future has been ruined by the pollies PUTTING THEIR JOBS FIRST!
Not voting for any party ever again! Sold all my Mel shares on Black Friday in November last year when ERM Power dumped all their shares.
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