MCO 0.00% 11.0¢ morning star gold n.l.

Hi Cashman, perhaps good value if they pick up a few at

  1. 6,111 Posts.
    Hi Cashman, perhaps good value if they pick up a few at <8c but going from a secure loan to the unknown...

    looking at the likes of AAM and CGT, and the issues with cash rasing things don't look to bright at the Morning Star. NG has a challenge not only to raise cash in a financial crisis but to raise it in such short notice...

    For me I will not be taking any up, can not afford to thow good money after bad and perhaps this is the attitude Chillee are taking.

    At the AGM Alexi (Chillee rep) made comment such as they are not concerened with the Shareprice, the recent action suggests otherwise IMO..

    At the moment i do not see anything positive comming from this but, Gold is going up.... will MCO be there to reap the rewards?

    Cheers,

    DYOR
 
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