You are wrong re not wanting a neighbour to go under.
At times like this and in the pasts when stupidity and high expectations were fed into the fibble public I beleive the capitulation of Minara would be beneficial to our own stock.
There would be a one off short lived reaction, similar to what happen when Bulong went under, and would represent a buying opportunity, but not as good as it was when Bulong went under - thank you sellers, for those that want to take the reward for the risk they outlay now.
For otherwise, Murin-Murin has left and will leave a bad mouth taste in the mouths of investors, and the sooner they capitulate or resolve their issues the better.
Minara's third biggest mistake was to hand 20cent dividend to Glencore rather than using the money to rectify Murin-Murin.
Arhidas
MRE Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
