please tell me why mqg continue to fall, page-7

Major reasons include:

1. Operating income is expected to plunge 15%.

2. MAP (23% owned by MQG) has scrapped the share buyback.

3. Plenty of writedowns and impairments coming.

4. Major shareholder selling on market.

5. MQG satellite companies in trouble with perceived drags on their balance sheet (very debateable), and

6. Continued downside speculation and heavily daytraded atm, plus, and of course,

7. Worsening sentiment and increasing recessionary indicators in the 2nd and 3rd quarters of 08/09 with continues debate regarding their business model and continued speculation regarding an immnet capital raising in the ast quarter of 08/09 (despite ASX releases).

Lots of positive counter arguments.