MOZ mosaic brands limited

that is true. i hope they atleast consider selling some of the...

  1. 1,071 Posts.
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    that is true. i hope they atleast consider selling some of the businesses ,and keeping the ones that can grow. its not beneficial to get more debts and other unnecessary cost, this will draw down returns for holders as profits will have to service this debt in the future. this is why Buffett indicated that he sold out of his airline. if they gather a bunch of debt, it has to be paid off meaning less returns for you as a shareholder, depending on the price you purchased the investments. considering the fact that some bought this at 3 bucks its totally not worth it. i wonder who purchased this huge chunk today today.
    Last edited by mike31993: 11/05/20
 
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