MFS mfs limited

no news from mfs...but the herald regurgitates, page-11

  1. 11,407 Posts.
    Good posts guys...all last 3 of them.

    End of Feb when financials are due seems like the right time for MFS to deliver all the news to the market plus the plan for going forward and the trading of MFS back on the ASX.

    Then we the market will determin the price based on their information presented.

    Its all coming together time wise. MFS can go on indefinitely suspended with no news so we should have something in a few weeks at most.

    I am optimistic also about the news as all I have read after the company's stella sale news and "we are going to restructure and move forward plan" news is about 500 bits of negative news.

    So nothing I hear from MFS now could shock me and most probably the market also.

    The media and negativity out there in a way has helped to the extent that everyone expects them to curl up and die.

    Anything better than that and we will probably see the market get back into MFS and go forward from 99 cents and define some value.

    The question I have is that for big holders like King who financially could not afford for MFS to relist and trade under $2.

    That gives me a lot more optimism and makes me think other big holders also might want to prop up the relisting above that price.

    Time will tell.

    We have waited this long..another 3 weeks wont hurt too much.

    They just have to get it right and deliver it in a timely fashion.

 
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