short

In simple terms after the takeover final extension by Sino ends and they will never secure compulsory acquisition thanks yo MMX & Harbinger owning over 10%+ also that their offer was not warmly greeted by MIS.

They may end up with 60-80 %
NB: Sino confirmed no further extension past 15th Sept, no increased offer and they will remove their buy orders I would think would follow on the 16th Sept?

The price of MIS will fall as there buyers will dry up and the shares have been artificially propped up.

Just think MMX was $4.50 and the merge offer was 0.57 for each MIS.

With MMX now 2.30 this equates to MIS at 4.03 though they lost the infrustructure bid . I think MIS will fall into the $3's , not sure how this will affect MMX
The market really has not caught up with or savaged MIS one bit!
Any views??