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Melman.~~~Certainly one of the most factual posts I've read in...

  1. scanno
    2,049 Posts.
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    13/08/12
    11:41
    Post #: 10560155
    Melman.
    ~~~Certainly one of the most factual posts I've read in months! The time for questioning the business acumen of this collective and individual board of [mis-]management has surely passed!!The big question in my mind is one of solvency and IMO having to pay service providers in company script indicates the company is Insolvent!
    When a similar situation was 'rumoured' to be happenning
    a couple of years ago,regarding Fortescue metals,Andrew Forrest was castigated in the press and all sorts of accusations were flying around about comany solvency!
    I have a substantial holding herein also,,,so derive no pleasure from making this post,,,scanno
    VPR Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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