MYG 1.45% 70.0¢ mayfield group holdings limited

myg gets a mention in the australian today, page-9

  1. 6,270 Posts.
    lightbulb Created with Sketch. 1730
    Now its not the time to panic that was a few months back..
    Selling at these prices is a mistake. ANd most i assume will be taking losses.
    G7 and FED will step in and calm markets and pump liquidity in. Its hard to see MYG down to these levels and didnt think we could be that far down.

    But i look across the board on quality stocks such as WPL/ORG/BHP etc and they have been mauled too. So i think this should give you some heart that we are not alone.

    FED meeting tonight, and i will expect them to step in.
    Either way, you will be broken or made during the next few months. I still believe Goldies will move much higher by xmas.

    For some reason i remain positive on medium term. US/Germany/France/China etc have elections next year, they wont allow markets to collapse nor will bankers...

 
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