I read with interest opinions from posters who are not shareholders recommending sell when the sp is very weak.
I have a reasonable holding including my original allocation purchased when the company listed at $0-20. Nothing from this forum has encouraged me to sell rather recent events have encouraged me to buy again. I am lucky as my average is around $0-65.
Many "bagging" the board and management seem to have either forgotten the recent appointment of 4 new directors or haven't looked at the ASX announcement.
These include: Peter Wasow-ex Santos CFO, Greg Martin-ex AGL CEO and MD and current Santos Director, Ken Scott-Mackenzie-Chairman Macmahon Holdings and Samantha Tough-ex Woodside and Commonwealth Bank consultant.
Seems to me these new directors have taken up their new appointments to do a job for MMX in line with the anticipated BFS.
I will continue to hold to allow roll out of the announcements due over the next few weeks.
Please DYOR
Kneejerk selling now just might be a poor decision regretted later.
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