Not totally their fault, they want to make big money just like...

Not totally their fault, they want to make big money just like us and didn't see the PoN crash, if PoN had stayed around $6.5US/lb (i.e. giving them a net profit of at least $1US/lb), MBN's shares would have been very good.....mind you they could have left the shares trading and just kept it on C&M and continue to buy cheap shares but then they would have needed to keep all the directors on the board and pay them for doing nothing and given they already invested so much money and already still holding 55% of the O/S, I doubt they planned to buy anymore cheap shares anyway.....and who is to say MBN's MC would have dropped to below $50M AUD, given the mines worth and low COP.