MFI 0.00% 1.1¢ mariner financial limited

Major, your comments further emphasise MFI's unfortunate...

  1. 183 Posts.
    Major, your comments further emphasise MFI's unfortunate continuing immaturity in the line of business it pursues.

    It cannot as yet produce stable, reliable, recurring cash flows, or confidently get its funds out there. To even be thinking about another loss shows they have a long way to come - they have just had significant institutional capital raisings as well! These investors wouldn't be too pleased with a loss on top of the plummeting share price soon after they bought at a much higher level in the raising!

    MFI seems to be always saying it is 'going to' over the last three or more years. I constantly read remarks on this site and others about all the wonderful things MRI will be doing in just one or two quarters time 'to turn the corner', however, these have not proven to eventuate.
 
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Currently unlisted public company.

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