re: what do you reckon
Don't you wish you still have the $2.80 stock (lol). Still it is always a good punter that knows when to take a bit of profit.
Personally I never heard any leaks on the NFP organisations aspect of the Henry report and/or the government response.
Market has only taken MMS back to where it was in January prior to the battering the stock received after the scaremongering article by a journo (I always wonder whether these journo's take a "little" position prior to the publishing of their reports?????)
Anyway, looking to the future, today's up movement has only reversed the impact of the above-mentioned issue and has not yet factored in the acquisition of Interleasing announced last month. According to my calculations the latter is worth about $1.00 a share.
My figures indicate that all things being equal MMS should be around $6.00 in 12 months time.
MMS Price at posting:
$4.41 Sentiment: LT Buy Disclosure: Held
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