Dipped my toe in given the recent lows but the argument that once the shine comes off golden boys it never really comes back is true.
St James reportedly will leave MFG and take TWENTY FIVE PERCENT of MFGs institutional managed funds. Once gone they may never come back. And who else is going to leave?
The shine is well and truly gone and the halving in MFG's sp was well founded. The smart money bailed out of MFG and investors will need a lot of convincing to put new money into MFG now.
Ann: Trading Halt, page-14
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