Yep, MK is full of it and over-rated. I remember him repeated saying early last year that MON's expansion would be funded organically through profitable production, indicating that captial raising would not be required. A few weeks later he announced a placement. And how many more raisings have since happened? 3? 4? I've lost count. The same nonsense he told the Speculator (The Bulletin) last year. The Speculator, wisely, "sold" their (hypothetical) holdings very quickly after they realised they had been dudded.
MK might have done well with CSM. But he doesn't have CSM now. A completely different set of assets and issues.
MON Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
