I think the real question that needs answered if you are holding MPG shares is, "what do Bain intend to do with MPG? (and is it worth me waiting to find out?")
I'm not a holder, but if I was, I would probably use the Bain offer as an opportunity to sell-out due to the uncertainties and time frame before Bain can improve MPG's performance (if it can.)
In the meantime, hopefully your average holding cost or loss situation has improved.
One thought - Merger between Viridian & MPG? Imagine the costs which can be stripped out!
Presumably to Bain Capital - wonder how Her Majesty and the reef fishes are feeling now, getting spooked by all the negative comments to get out at 37c?
If the 3m is not to Bain Capital, then it's game on!
Presumably to Bain Capital - wonder how Her Majesty and the reef fishes are feeling now, getting spooked by all the negative comments to get out at 37c?
If the 3m is not to Bain Capital, then it's game on!
Wow ...55 cents ...a keen acquiror eh
Looking good for next week.
“ At the top of every bubble, everyone is convinced it's not yet a bubble.”
Presumably to Bain Capital - wonder how Her Majesty and the reef fishes are feeling now, getting spooked by all the negative comments to get out at 37c?
If the 3m is not to Bain Capital, then it's game on!
Congrats to punters who got in near the low. 55/37 is nearly 50% ! I guess the old saying is true, every dog has its day.
Last edited by Beagle; 30-11-2018 at 05:54 PM.
Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.”
Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine
Originally Posted by Left field
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