It is not bad and gives the impetus to break in the trend over last few months. Hamish had mental figure of 0.8B. So with the options over next 2 yrs they could raise further 0.8B. What does the future looks. May be able to keep price range around 50-52 over next 6mts. I think A$ needs to drop to about .72cents to take MFG price back to $60, unless US tech sector do extremely well. In the mean time we have to wait to see how the principal investments start performing.
MFG Price at posting:
$45.97 Sentiment: Buy Disclosure: Held
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