A bright spot is The Agency running into trouble. AU1 shares now at 1.2c. Good luck raising capital at that price. If The Agency was an attractive business why can’t AU1 find an underwriter to help fund the acquisition of it???
Message to McGrath agents - go out on your own in a depressed market at your own risk and only if you have plenty of cash to bankroll yourself.
MEA Price at posting:
37.0¢ Sentiment: Hold Disclosure: Held