Sort of like biting off your nose to spite your face!
There is no silver bullet causing headaches for MMX. It is many factors, most of which are a very turbulent depressed market.
The question is wether MMX is a worthwhile long term investment, I believe it is.
But what is holding me back from buying back in is Sino's plans to either buy or not buy us out. I know some figures of $6 have been mentioned but I cannot see that happening in the short term with all the uncertainty.
We really dont know what is around the corner for MMX, wether its the CHM case or the Sino takeover or other mergers. When the future is unclear people will find it hard to onvest with any confidence.
I will be buying back in at some point, but not at the levels I was previously.
Just a shame as MMX showed so much promise.
MMX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
