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Minmet, dropped today to 4.7 why? (MNT)     

CaptainNaylor - 11 Feb 2004 01:50

What's happening with Minmet big sells today, people lost faith or something?

hangon - 29 Mar 2004 17:33 - 2 of 2

Maybe it's because they never produce news that is positive earning-enhancing for the shareholders. We are not here to provide the Directors with a good living- we're here to receive a dividend for the cash we invest. Without investment the Directors would not have a job - and in many small companies like this they soon won't. Pity is that they string us along in the process, or are deluding themselves that all is well - in reality the Market has a better view and can spot opportunities elsewhere that are better.
This company keeps losing its goals - recently created another company to do something - well for my money the Directors need to focus on this ( THIS) company, not dilute their effort further.
Really in the years this business has been going there ought to be something to show for it.
A man with a barrow would have created more value if he followed the Horse Guards each day.
All IMHO and DYOR.
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