agree.mcr won't do a share buyback and neither a special div imo.
Irrational market to some extent lately with fear appearing again.
As for the djia,like you said,the yanks are looking for any good news to sell into.
This doesn't bode well for the near term as far as our market goes.
I do get a laugh though when reading many posters comments about mcr being a screaming buy,some were saying this when the sp was close to $2 and look where it is now.
And as for other comments about mcr being oversold,I can't understand that.
Some people could have said that it was overbought only a few weeks ago.
If mcr is oversold,then it must be the same for many others inc. mre,mbn,pan,igo and the like.
But,if the sp gets back in the 50 to 60c region,and anything could be possible,then I will be tempted to back up the truck.
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