The bulk carriers are still coming. One in port, two on their...

The bulk carriers are still coming.  One in port, two on their way.

Didn't the company release an announcement regarding the SP drop just two days ago.  I understand the nervousness, but some people need to get a grip.  They answered why the SP was dropping to the best of their knowledge in the best way possible...in an ASX announcement...not an email to a shareholder etc.

"MMI is not aware of any information concerning it that has not been announced to the market which, if known by some in the market, could explain the recent trading in its securities."

I mean, come on.  Receivers coming in/debt foreclosure etc is just ridiculous talk.  Management have their issues, no doubt (and I would hope we hear from them soon on rectifying this) but this is just silly.

This is high risk/high reward...and the risk as well as the reward grows by the day.

IMO, some on here in the coming weeks/months will be begging for a buying opportunity like the one that is currently presenting itself.