I believe that is exactly what Hanlong are trying to orchestrate, some method to strip the company and shareholders of all the funds. I maybe wrong, but the past is the best indication of the future - and with Hanlong members still on the board who are closely tied to the insider trading scandal - well your guess is as good as mine. With the board aligning itself to be heavily in Hanlong favor, plus the management only in an very acting role ... As soon as a way all the money can be funnelled out of the company it will. I have been anxiously waiting for some positive announcement from this company in the way of a positive move forward, but still nothing. Even ringing them you just get same script they have been peddling for the last 2 years or so ... Try it and you too will just shake your head in disbelief at the responses- especially on the high salaries both the board and the actors are on there should have been some sort of deal done?. WHat are they doing all day????
MOL Price at posting:
11.0¢ Sentiment: None Disclosure: Held