oh dear, page-38

ayoung said:

" - companies buying shares thus the possible takeovers (how can companies not even consider taking over MBN when its incredibly undervalued considering the assets and Nickel market at the worst time or near it)"
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ayoung, having just looked at the recent accounts, MBN has 1/2 $billion liabilities, so add that to any possibility of a takeover. It has just lost half its business (and hence half its share price), but the ability to pay down liabilities took a serious turn for the worse (so minus a bit more). This one is high risk buying in at any price, imo.