MBE outta there - no surprises, everyone saw that coming a mile away
Big boys would've preemptively vacated their positions early in the piece, based on where it was going.
I wonder how MBE will fare now that it's clear to all that it will be out - will a new set of investors' investment boxes be ticked now that it is being removed from the All Ords? Or is MBE now a lowly little has been with no hope but a backdoor shell down the track?
MBE Price at posting:
5.5¢ Sentiment: Buy Disclosure: Held