Lets just remember Fortrend is not to blame here. It is the board that is to blame for being involved in Fortrend. I hate Fortrend being involved with MNM as well and certainly they have driven the share price down. What can we do though - nothing. I still think MNM should have stuck with the last Rights Issue around 6.5 cents to allow us shareholders to average down. There has to be a reason though they are involved with Fortrend, but what is it.
MNM Price at posting:
6.2¢ Sentiment: LT Buy Disclosure: Held