re: Ann: Second Quarter Activities and Cashfl...
I am not a holder of MMX but have traded its shares and I for one believe that the CHM share holders are opportunists to say the least. Their investment is on the grounds that they may win the lottery. People that invest on these criteria deserve to lose everything. Casinos cater for these people as they are not investors or traders in the true sense. Anyone feeling pity for the likes of these people need to assess whether they should be in the share narket at all. Share trading is about fundamental and technical analysis and nothing more. I think ASIC should investigate this company as they have not been forth coming on how they intend to fund the next quarter. If they call in administrators to get out of paying their debts I believe the directors should prosecuted and prison terms the likely outcome! ASIC need to grow balls and start taking directors running these shell compasnies to task!
CHM Price at posting:
3.2¢ Sentiment: Sell Disclosure: Not Held