MYG 0.00% 78.0¢ mayfield group holdings limited

Hi ashburner, I to have a bit of history, but not as long as...

  1. 805 Posts.
    Hi ashburner,

    I to have a bit of history, but not as long as yours.

    MYG was one of my first successful trades and my first loss on MYGOB. Dam!! should have sold when I could. Go learning experience. I now truelly understand the addage

    "You dont go broke by making a profit"

    What has been a great insight is how these small caps operate.

    You summed it well

    "Each new management has feathered its nest and moved on with little thought
    To its investors."

    I could go on. Now every time someone rolls out the old furphy " Private enterpise is efficient and profitable"

    I simply direct them to the ASX and tell them to have a look at small and micro caps.

    2000 listed and most will never create a cash flow let alone a profit.

    After all these years, Mutiny has been sold on the scrap heap.
 
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