For a thoroughly apocalyptic view as to what is REALLY happening at Minco, look no further than rainydays' posting 5552 above.
Terrifying stuff, worth reproducing:
"I also think we should be aware of the possibility that the real intention of the directors is to use up Minco's remaining cash, then put the company into receivership in the hope that they will be able to buy the decent parts of the company on the cheap.
"Does anyone know how we might be able to interest some value realisation trust in Minco? There are several around with names such as "Advanced Value Realisation Fund" or similar. These funds specialise in finding companies with good assets but incompetant management, then finding ways of replacing the directors with new directors who have shareholders interests at heart."
Not saying I agree, but do we have any gaurantees that this WON'T happen?
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