RE:Waste of time and money herethe management cant do anything appart from adding shareholder values by growing the company and reducing expenses and they do it well in my opinion.
Lets see the numbers for this quater in May.
Some big shareholders has decided to sell a bunch of shares for some reasons.
1. realise profit, they not a long holders
2. people are affraid that dividened will be suspended ?
3. anyway other mining shares are sliding down too...so mnd go with the sentiment.
If you look at the mining sector 80 % of the companies are useless . MND is one of the top one ! Tell me an other producing mine which can make profit and pay out dividened ?