Evening Bionic Boy
Well said.
I have also been trading for over 10 years and MFS is my biggest and most stressful loss. I will never trust another ASX Announcement again, because a Board can release misleading information and no one including the ASIC does anything about it.
I find the whole situation 100% disgraceful. The lack of openness and honesty by the MFS Board to it's shareholders is profound. I also have fears that there is something very very bad that is being deliberately hid by the MFS Board.
On the evidence to date the MFS Board has zero CRED. Their words are not reflected by their actions.
The apparent disinterest by the ASIC remains baffling to me when investors in their Income Funds now appear not to be receiving a monthly distribution, even though this was promised to occur by MFS management. So can we trust anything they say?
All up MFS remains in a serious mess and many people have been hurt.
regards,
Phil
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