MLS 4.00% 2.4¢ metals australia ltd

mls - atonement for its sins, page-12

  1. 210 Posts.
    Hey all. I'm back. Have been traveling for a few months - thought I would return with the licences finally renewed ..... But.

    Redgkey - do you not understand the meaning of "not guaranteed". As I once said, if you can't handle the really high risk associated with a stock like MLS then go and buy an index fund.

    I firmly believed that this would have happened latest beginning of April. It hasn't. But the hold up isn't sinister. It called administrative bureacrocy. All countries have it. Is it frustrating? - of course it is.

    There really isn't much more to add other than the EPL is in the queue and that is about that. The whole "nationalization" issue is not a factor here.

    Good luck everyone. I will wait until renewal (not guaranteed- take note R).

    And on a final note. We might as well make some additional cash while we wait - so, Redgkey, providing you can come up with the collateral (and bitterness doesn't count) you can borrow my stock for a market related fee and go short MLS. Let me know.

    Cheers
 
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