Not a great announcement this morning. It is very general and realistically the ASX should have them clarrify the magnitude of losses asap. The wording "likely loss is now expected to be substantially adverse" is not what you really want to here.
As i have said before, buy on the dips. I might wait til they clarify "ADVERSE" before i top up. When the hand over is complete, this will go up very hard.
MXG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held