MBN 0.00% 8.3¢ mirabela nickel limited

credit rating downgrade, page-29

  1. 773 Posts.

    It is amazing how some people can still be positive and hopeful for this company. How can you calculate risk and reward if risk goes towards infinity (ie a fat zero). I believe that the creditors will move in and say, we want our money back! Remember in the equity pecking order, shareholders are at the bottom feeder range. If people get divorced easily I wonder why its harder to realise it on a stock company who never gave us back our love. An unrequited lose making enterprise.

    We just need to learn our lesson. Stop Loss = Prenup. You never know, life mostly does not have a fairy tale ending.

    superox
 
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Currently unlisted public company.

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