I'm still in and have not sold anything. I will be going to the AGM in Sydney (figured it might be worthwhile making the trip interstate for this one). I believe the meeting will be quite heated and frankly I would like to see how MF will weather the storm on this one.
Am not as bullish on this stock as I have been traditionally however I am of the opinion that much of the air has been let out of the shareprice now ... a company's market capitalisation is always a good indicator of whether the company's shareprice is justified. At $200 Million, I think that AIM is back to where it probably needs to be until it starts lifting the ore.
The negative sentiment here has been probably justified as well. Truth is that the management really did us no favours vesting the performance rights when they did.
Am not expecting anything at the AGM, however I agree that they need to throw some burley into the waters to deflect some of the inevitable tomato throwing
AIM Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
