MFI 0.00% 1.1¢ mariner financial limited

up 200% in 10 days, page-2

  1. nk
    2,808 Posts.
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    Ipicked up more at six tenths of a cent hardman

    NTA is around 5c , most of the NTA is a receivable from Mariner Coastal Land Trust, which I must admit is not 100% certain, I would say 80%

    More importantly Ireland will knock $5million off the debt next few months . The rest is petty cash, not due for 12 months and he can easily do a rights issue to clean it up

    going forward..........

    this is Bill's chosen vehicle for redemption. I believe in him, he's smart, honest and connected into the money flow grid

    I'd say 90% confident he'll return MFI to profits within 12 months. I bought at an average of 1c and I'll just sit on them for a few years and see what Ireland can do.
 
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Currently unlisted public company.

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