anyone buying before ann ?, page-2

I've been in for a while so my comments are from this perspective. It seems to me that:
(a) IMO the 'book ends' in terms of sp are 8 c ~ 16 c;
(b) on basis of much anecdotal evidence the facility will be extended (see various announcements);
(c) given clarity of DDR position then balance of facilities can be tailored accordingly. This is not an excuse for further delay but maybe documents will be 'condition precedent' on outcome of meetings;
(d) there is some (as in a 'lot' of) reputation risk on the table;
(e) US / Dow had a soft night last night giving back some of its 124 point exuberance. Futures currrently slightly positive...looks about 14 points. All ords today hanging around break even;
(f) endless forex shifts a nuisance but not a fatal flaw I don't think;
(g) trading in MDT especially today has been 'skittish'. Some early parcels @ 500K (3 or 4 I think) a piece but dribbles otherwise;
(h) need to assume that the market has indeed discounted MDT because of facility documentation. I'm not entirely convinced this aspect is a given or an exclusive reason for discount relative to peers.

On balance, if I were sitting at the table with just cash, I'd contemplate half of what I might (or indeed have) otherwise invest!!.

Opinions only

DYOR

Good luck