I to have a bit of history, but not as long as yours.
MYG was one of my first successful trades and my first loss on MYGOB. Dam!! should have sold when I could. Go learning experience. I now truelly understand the addage
"You dont go broke by making a profit"
What has been a great insight is how these small caps operate.
You summed it well
"Each new management has feathered its nest and moved on with little thought
To its investors."
I could go on. Now every time someone rolls out the old furphy " Private enterpise is efficient and profitable"
I simply direct them to the ASX and tell them to have a look at small and micro caps.
2000 listed and most will never create a cash flow let alone a profit.
After all these years, Mutiny has been sold on the scrap heap.
MYG Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
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