help pls., page-27

Neilk,

All I am saying is that up to five years ago MBL was still quite content to let the minnows like Pattersons and the like take fifty million under writings on uranium and copper hopefuls, whilst they happily sent out over glistened annual reports on toll roads and airports they were leveraging into across Europe and regional hubs in far away places like Bristol- for Gawds sake!

This used to be a big hitting operation it could have been lining its treasury with major stakes in RTZ/RIO and BHP and underwriting what were then under a billion dollar floats in major blue chip local plays, all through the cheap as chips 1990s.

It did nothing of the sort it let the Dutch and Germans take the prized branding associated with big time floats. From memory MBL didnt even get its advisory team past the first stage of the ASX float as well.