the rose-coloured glasses posts by shareholders make it appear as though everything is fine and none are sufferring though.. which i'm sure contributes to current non-holders (many are ex-holders) being happy to point out the obvious and the company's shortcomings
plenty of other threads on HC have existing shareholders giving it to underperforming management.. it seems here on MAE the performance of the company is untouchable, the assets are Tier-1 and BHP are right around the corner about to make a takeover bid.. fairly big disconnect from reality
for years the response of holders has been that the financiers are still supporting the company - first the banks and then Castlelake (who would have bought the debt for cents in the dollar).. now that they've pulled the pin, hey its a positive for shareholders that Korda are still involved ??!
MAE Price at posting:
0.6¢ Sentiment: None Disclosure: Not Held
