MAL 0.00% 5.0¢ matilda minerals limited

This is just more stink emitting from a rancid corpse.I am not...

  1. 49 Posts.
    This is just more stink emitting from a rancid corpse.

    I am not sure that we didn't all see this move coming some time back.

    I am not at all convinced MAL was run by a pack of idiots. I am not sure that MAL wasn't run by some reasonably clever people who have enjoyed the fruits of our shareholder funds for a few years.

    These assets sold off now are the only real assets MAL has to sell and they were promoted to us over the last five years with almost the same words Kiernan is now using to justify his buying them.

    I am not sure if this company was driven to collapse to enable this cheap deal, or if the Stirling shareholders should be wary of a repeat performance.

    When the high water of a boom recedes, some pretty ugly scum is left behind.
 
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