Short Term Trading Week Starting: 24 Oct, page-12

Nothing against the Company and certainly not against you, but just to clarify something:
Being a "sophisticated investor" has a pretty low threshold:
- a gross income of $250,000 or more per year in each of the previous two years,
- or net assets of at least $2.5 million
(So owning a decent house in Sydney or Melbourne will get you there.)

I can't imagine either sophs, institutional or retail investors being happy with a 40% + loss over the past 15 months or so.
Just considering lost opportunities makes them look a bit silly in retrospect, hardly "sophisticated".
Maybe they should have skipped the IPO and be buying in now?

(Sorry for the rant, its frequently seen where sophs overpay and I often wonder who is advising them and if some of them are plumbers with an inherited house and a piss poor broker.)

I've been watching MTM for a while and will continue to and wish you the best.