Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
If there is no bidding war that is...
I'm all for restructuring, mind you, the BOD has to change prior.
I see the potential (this is bloody cheap if managed well) and get out just before the peak of the next leisure industry boom - 7-10yrs imo.
The box is both empty and full...
:-)
Desperation??? hmmmm...potential of at least 10:1 risk reward medium term IMO, no brainer in my view...calculates to 10% chance of getting this reward. IMO there is a better than 25% chance of the company surviving in it's present form and growing in the medium term and back to where it was pre-covid longterm. You pays your money...
MP is only trying to re-educate...
What we read, see and hear in any country is what we are supposed to read, see and hear...
Need to think outside the box and dabble with being a contrarian.
Unless you are happy with your eyes wide shut that is.
What they really need is someone to come in and pay off their debt...
Not publishing the interim results so being forced into a temporary suspension is a strategy to stop the sp tanking even more. The current sp as an indication of the value of the company has now become fictitious and irrelevant as it is based on sentiment and speculation only. The true market price is what anybody is prepared to pay for it, yes it could be less than the current market value but IMO it will sell for many multiple times more. We shall see.
Exactly, the business model looked fine, now it is not, so you adapt or perish.
There are too many establishments. Severe pruning is required to survive the current climate. But survive it could until better times ahead. Long term investment? Yes and would be fine by me.
A new government that is not as tight with the purse strings would definitely help though... :-)