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10.0% 1.1¢ avenira limited

MAK would have been better off not getting involved with NMDC....

  1. sevo
    7,080 Posts.
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    26/06/12
    11:17
    Post #: 10352172
    MAK would have been better off not getting involved with NMDC. NMDC are not yet advanced enough to do big international deals. This JV and the way it has played out (thus far) has created market disappointment.
    MAK management couldn't have predicted how inept NMDC would be. No doubt dazzled by the cash at hand in India.
    Thankfully MAK hasn't sold 50% of the company to this mob.
    AEV Price at posting: 14.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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