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1.92% 25.5¢ mayur resources limited

had a look at the accounts - not good at all

  1. 1-2-watch
    208 Posts.
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    07/12/04
    12:25
    Post #: 693736
    Was looking at MRL more closely as I thought it could be a buy but done some more investigation work and it scared the shite out of me what I found.

    Check out the cash balance + receivables vs the payables and it'll be enough to scare the shite out of you guys as well I reckon - its about $18mil vs $91.......Now I know why it's being sold down heavily and what others are talking about!!!

    I wouldn't touch this one with FatKev's dik LOL!!!
    MRL Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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