I wouldn't right those MBL options off yet. DJIA up 10 pts at the moment at 11028. MBL had a good announcement re acquisition of Stagecoach buses in London.
I went long in a big way at $65.80..rode them down to $60.09 sold a few now my break even is $70.50. I think they'll get there easily.... though bigger sp rise after 1 July as i suspect there has been some tax loss selling.
Ajax
MBL
macquarie bank limited
abn amro recommendation, page-3
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