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163 Posts.
30
03/12/10
10:58
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Its a great result to see them relist at 20 cents.
Most companies who go into admin get relisted after a 10:1 reduction and the old holders lose out significantly.
This is not the case here. They have acquired good assets, sold bad assets and moved on. Good pragmatic work
I am not sure what the reference to Randall was, but I dont believe he is involved in any shape or form.
If you want to look at shareholder value destruction try MZI, guess who is the chairman...Randall.
Cheers
BV
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