Once the new ‘green poms’ wake up to what this mob is capable of (not), the share price will head south in the 3’s once more. ‘Creative’ announcements with no substance or factual support are now viewed with total cynicism. They will milk this until the cow screams for mercy.
I suspect there is some worthwhile products and some legitimate IP in this business somewhere, but when in the hands of an incompetent BOD, don’t hold your breath for any startling results reflected in the share price.
This company only has a chance if the BOD is replaced via a takeover by another MC company.
MXC Price at posting:
8.1¢ Sentiment: Sell Disclosure: Not Held
