MCS mcaleese limited
Add to My Watchlist 0.00% ! 2.5¢

How did govt sign a $400m military contract with a company that...

  1. kalmsg
    7,098 Posts.
    lightbulb Created with Sketch. 76
    clock Created with Sketch.
    20/10/16
    20:33
    Post #: 20012174
    How did govt sign a $400m military contract with a company that has to be sold off as parent is in administration?
    - How will company get cash to fund this (cant see banks lining up just yet?)?
    - Is Mark Rowsthorn and co still in control of RI as it is not in administration?
    - Company has to be sold to pay MCS debts.. what happens if it ends up in foreign hands.. CMIC no doubt looking..
    - Shareholders shafted again...
    - Potentially Australian public compromised..

    The more I look the more I am dumbfounded... how dumb is this stuff?
    MCS Price at posting: 2.5¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand
right-arrow Created with Sketch.
NEWS HotCopper Wire Podcast 019 – Dreaming of the 9,000s
right-arrow Created with Sketch.
NEWS As Albo spruiks hydrogen in China, FMG is exiting the game
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & ASX-Listed Investment Opportunities
right-arrow Created with Sketch.
NEWS Access the Latest ASX News here
right-arrow Created with Sketch.
NEWS Boss Energy slumps as top dog Duncan Craib makes surprise exit
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.