We'll it's almost two months since the announcement about morning star. This threw up more questions than answers in regards to how does this get funded when we seem to have an issue funding Norton and some of this dirt is just sitting in a pile.
Surely they had the money to find costs for all projects prior to purchase yet two months later we are still waiting.
Yeah sure an SI threw in a couple of hundred but that won't quite work according to my calculator.
They first payment isn't that far off.
Either the plan is brilliant or management are busy trying to dig themselves out of a hole. The silence on the funding side is deafening.
MNM Price at posting:
1.7¢ Sentiment: Hold Disclosure: Held