Yeah saw that this morning. Does entertain some form of hope.
Its been a real interesting story from the perspective of a holder, holding after the trading halt with media hammering MFS and MFS not saying too much at all during the process.
I am expecting some surprises now that I see they have cashed in stock in other area's equating to over the $150 million they need for the Fortress Fund repayment due.
If the Stella sale even goes ahead after that with a price above $450 million for half which seems the be the consensus on hotcopper and some media reports I have been reading and more like $900 million for half...pro-rated after that....then MFS might be able to get the market back on side.
Good to see them chipping away at the problem...but looks like they may have that $150million ready for payment already and ready to share the market with their position and retrading of the securities.
All we need for MFS to be $2-$3 after that confirmation they ar eon target for 2008 earning and some good news on the Steller sale or partial sale.
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