MXL mxl limited.

i give up Bauss. each time the volume builds on the buy side it...

  1. 206 Posts.
    i give up Bauss. each time the volume builds on the buy side it evaporates due to larger sellers. since the new management team has come on board every comment and announcement has been very positive however as usual capital raisings have been the norm.
    even today the buying has once again built strongly however history says this means nothing.
    after listening again to the ceo's comments at the agm and re reading all annoucements I still stupidely believe that one day this will turn out a good story however it will probably hang around these levels for some time yet.
    if the ceo is correct and they do become cash flow positive in the next 6 months then they will be a lot higher then 3c.
    will only take one big contract though.
    for now its back to the bottom draw for another 12 months, cross the fingers and hope they dont go broke in the mean time.
 
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