Believe me newttothegame i have am no fan of Michael King got duded on a property trust called landmark he took over years ago it was gutted by him Phil Adams and listed on the ASX at 30% of its previous value it is now called MFT
Previously he was into solicitors loans witn Phil Adams with many disgruntled clients after these loans went bad then ASIC reqired them to legally register these loans that buisness evolved into MFS
Nevertheless the buisness model itself would have survived reasonably intact if it had not been for his incredible arrogance and stupidity
Thank God he is now gone that is why i think with a new well repected CEO a restructure and possible merger this company can get back some credibility and value to investors mate
MFS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held