1-Mhl set romures that there is a good licenses in Indonesia. 2- The sp price goes to 40 cents. 3- Options go to 1 cents. 4- Directors and other well connected people sell their options and shares for a nice profit. 5- MHl ann they did not get the licenses... 6- The sp goes down to 1 cents. 7- The same story will happen next year or eventually the directors will hand over this company to an administrator from asx to clean up... 8-The administrator will take what left for himself.
** Mhl is not big enough or decent enough to be taken seriously by the indonesian goverment or by the share holders...(at least the serious ones). ** God bless the stock market!!!!!
** The above post reflect my feeling and it is not based on any fact.
MHL Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held