Davo, I've made a liar of myself by posting a few times. One thing I will say is that I'm balanced in my assessment. Your view is well argued and cannot be ridiculed. The prima facie evidence is damning and if MAE was an assigment in financial accounting, then the metrics are not promising. It's now a decision of either believing that a way forward will be found, otherwise it probably is the company's swan song. I have a view which I have expressed but equally value your position. This forum is about expressing opinions and no-one should be "baked" for expressing a view contrary to popular opinion. I've said it before and I will say it again, if holders of the stock are sweating at night then I would encourage them to liquidate. A rights issue, which may be on the cards, would reek of desperation.
Red2.
Add to My Watchlist
What is My Watchlist?