The only reason Multi has held up is because it has already been battered to death. the rally is a Fool's rally on a few brokers recommendations without news. the rally is on small volume and when the bad news hits it will be huge disappointment and big selling. It's sustained for now by daytraders not institutions. rumour from Macquarie Equities is that they may still have big problems at Wembley Stadium getting finished in time for the football next year.
MXG Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held