Does anyone know what has happened to cause Manganese Bronze (LTI) shares to collapse from 25p to 15.36p today
New cab on the block,
lack of interest in the sheit 
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| Author: | skippy41 [ Tue Aug 14, 2012 12:01 pm ] |
| Post subject: | Manganese Bronze dramatic share price drop |
Does anyone know what has happened to cause Manganese Bronze (LTI) shares to collapse from 25p to 15.36p today New cab on the block, lack of interest in the sheit
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| Author: | edders23 [ Tue Aug 14, 2012 2:58 pm ] |
| Post subject: | Re: Manganese Bronze dramatic share price drop |
Skippy it's the same as the Rover car scenario there probably is a lot of undermining going on behind the scenes to cause the collapse of the company and then hey presto the Chinese step in acquire the company for next to nothing and then it suddenly will become a success story once it is fully Chinese owned they are very clever business people that's why some companies are moving out of china because the ONLY people who make money in china are the Chinese |
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| Author: | Doom [ Tue Aug 14, 2012 2:58 pm ] |
| Post subject: | Re: Manganese Bronze dramatic share price drop |
Shyite product probably, I wouldn't touch their overpriced ancient tech bucket of nuts and bolts myself. |
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| Author: | toots [ Tue Aug 14, 2012 4:09 pm ] |
| Post subject: | Re: Manganese Bronze dramatic share price drop |
Doom wrote: Shyite product probably, I wouldn't touch their overpriced ancient tech bucket of nuts and bolts myself. They use to make propellers
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| Author: | x-ray [ Wed Aug 15, 2012 11:31 am ] |
| Post subject: | Re: Manganese Bronze dramatic share price drop |
Apparently, there has been an accounting error (which they are blaming on an IT glitch) meaning the company has lost an extra £3.9m over the last few years ! |
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| Author: | Doom [ Wed Aug 15, 2012 2:04 pm ] |
| Post subject: | Re: Manganese Bronze dramatic share price drop |
x-ray wrote: Apparently, there has been an accounting error (which they are blaming on an IT glitch) meaning the company has lost an extra £3.9m over the last few years ! It's an old boys club firm, too busy congratulating each other in the smoking room over a brandy to check the books once in a while, if there was ever a monopoly cartel firm it's this one. |
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