From what I've seen I think you are right in what you say. It's still the main thing that makes me nervous though. I think management have done a lot of positive work in the last 12 months.
On a separate note, it was interesting to see they are looking at other options to release franking credits back to shareholders. I don't want to speculate on what form that might take, but it's interesting nonetheless.
MNY Price at posting:
$1.85 Sentiment: Buy Disclosure: Held
