So they've got rid of the ceo huh? Perhaps they should get rid of that stoooooopid demerger proposal as well, demerged businesses tend to end up with lower credit ratings than the combined entity. Given MFS's need for debt, a demerger is hardly a stroke of genius! With CIY and FLT no longer circling, it's time for the MFS board and new ceo to get on with running their businesses and restoring shareholder value. 2H07 profit figures would be handy too. As there's no white knights or vulture funds to rely on.
MFS Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held
